Belarusian-Iranian bank registered in Belarus

Management of the National Bank decided to register Bank Torgovy Kapital close company (TK Bank) and issue a special permission (licence) for carrying out bank activities.

The new bank can conduct banking operations on attracting finance of legal entities to deposits and allocate funds on their own account on terms of repayment, serviceability, and maturates, can open and operate banking accounts of legal entities. Besides, the bank got the right of settlement and cash services of individuals and firms, including corresponding banks, beneficial ownership of resources under an appropriate contract, conducting of exchange and factoring operations.

The licence allows the bank to issue bank guarantees and security papers, confirming attracting of resources to deposits and place them on banking accounts, issue bank plastic cards.

An authorised fund of TK Bank is equivalent to more than 5 million euro, which agrees the minimal size for a nascent bank. The bank was founded by Tejarat bank (the Islamic Republic of Iran) and Lada OMS Holding joint venture (the Republic of Belarus).