Non-residents withdraw $844.3 million from Belarusian banks

Almost half of a billion dollars was withdrawn in December.

It can be seen from the data provided by the National Bank.

As of January 1, 2015, the amount of foreign currency raised by Belarusian banks from non-residents fell by $844.3 million (10.4%) to $7,252 million in comparison to 2014, AFN reports.

The outflow of funds of non-residents was $446.4 million (5.8%) in December against $77.1 million (1.0%) in November.

As of January 1, 2015, the amount of funds raised from non-residents in Belarusian rubles increased by Br408.8 billion (49.2%) to Br1240.4 billion in comparison to 2014. The funds of non-residents in Belarusian rubles decreased by Br437.2 billion (26.1%) in December after a growth of Br13.7 billion (0.8%) in November.

Non-residents' funds in liabilities of Belarusian banks were 18.1% on January 1, 2015, against 19.7% on January 1, 2014.

In 2013, funds of non-residents in foreign currency in Belarusian banks rose by $2061.6 million (34.2%) to $8096.3 million. The amount of funds in Belarusian rubles raised from non-residents increased by Br122.5 billion (17.3%) to Br831.5 billion.

Experts say a pyramid scheme was constructed in Belarus.