Corporate debt situation in Belarus amidst ongoing profitability increase

The Lowdown on Belarus' Wallet Economy 🔍

Fresh financial stats about Belarusian companies for the Q1 2025 period have hit the airwaves, covering key profit indicators and current debt scenarios. 📈

According to Belstat, Belarus' product profitability for January-March 2025 stood at 7.6%, with sales profitability hovering at 6.2%. Interestingly, these numbers had remained steady at 7.5% and 6.2%, respectively, for January-February. 💵

Diving into the debt details, organizations in Belarus started off April with a debt of 92.5 billion rubles, a increase of 2.2 billion compared to March's debt figure. The overdue debt for this period amounted to 10.4 billion rubles, marking a 0.6 billion ruble increase. This overdue debt represents 11.2% of the total debt volume. 📉

As of April 1, credit debt reached 111.8 billion rubles – a 4.2 billion ruble increase from March. The volume of overdue debt stood at 11.9 billion rubles, with a 0.3 billion ruble uptick, accounting for 10.7% of the total debt volume. 💸

It's important to note that this data excludes the indicators of banks, non-bank credit institutions, development banks, insurance companies, budget organizations, and micro/small businesses without departmental subordination. 📊

Now, let's zoom in on key financial products and services:

Consumer Loans: Current stats on consumer loans for April 2025 aren't readily available. However, the overall financial environment paints a picture of a notable portion of overdue debt (10.7%) in the financial sector, offering valuable context.
Auto Loans: Just like consumer loans, the data for auto loans specific to April 2025 is not available. However, the broader economic environment in early 2025 showed a modest growth rate and a relatively stable macroeconomic environment.
Business Loans: Again, we're missing the April 2025 data for business loans. Nonetheless, the financial sector presents some challenges alongside economic stability as indicated by the overdue debt proportion.
Mortgages: Similarly to the above, we don't have April 2025 data for mortgages, but the overall financial environment provides some useful insights.
Deposits, Loans, and RKO Products: We're in the same boat here as we don't have April 2025 data for these financial products. However, comprehensive and up-to-date stats on all the categories can be obtained by consulting official reports from relevant Belarusian institutions such as the National Bank of the Republic of Belarus, Ministry of Finance, or sector-specific financial institutions.
Credit and Debit Cards: The April 2025 data for credit and debit card issuance or utilization statistics is not available. Efforts should be made to consult official reports from the aforementioned institutions to access this data.
Leasing Services: We don't have the April 2025 data for leasing services, including financial performance and overdue amounts for new, used, and business cars. Reach out to relevant authorities for the most recent and detailed data.

All in all, while detailed, specific data for all financial product categories and profitability indicators for April 2025 is currently unavailable, the financial environment presents a challenge with a significant overdue debt proportion (10.7%) in the financial sector alongside economic stability. Stay tuned for further updates! 🎉 📢 📈 💸

In the context of The Lowdown on Belarus' Wallet Economy, despite not having specific April 2025 data for financial products like consumer loans, auto loans, business loans, mortgages, deposits, loans, RKO products, credit and debit cards, and leasing services, the financial environment in Belarus underscores a notable overdue debt proportion (10.7%) in the financial sector, suggesting potential challenges in the business realm.

Staying updated on these sectors through official reports from institutions such as the National Bank of the Republic of Belarus, Ministry of Finance, or sector-specific financial institutions will provide valuable insights into Belarus' financial health.