Important Notice: Absolutbank Belarus (CJSC “ABSOLUTBANK”) is no longer operating. The bank was sanctioned and transformed into a non-bank credit and financial institution (NKFO OptiKurs) in 2022. In April 2024, the National Bank of Belarus excluded it from the unified register of legal entities, effectively ending the bank’s operations entirely.
What Happened to Absolutbank Belarus?
Absolutbank was established in 1993 (Registration Number 34, dated December 29, 1993) and was headquartered at 95 Nezavisimosty Avenue, Minsk. For nearly three decades, it operated as a full-service commercial bank offering:
- Cash management in Belarusian rubles and foreign currencies
- Loans in local and foreign currencies
- Foreign exchange operations
- Securities operations
- International remittance services
- Deposit services
- Documentary operations
- Consulting services
Following international sanctions imposed on Belarusian institutions, the bank was converted in July 2022 from a bank into a non-bank credit and financial organization (NKFO) named OptiKurs. In April 2024, the National Bank of Belarus removed this entity from the register entirely.
If You Were a Customer
Former Absolutbank customers who had accounts, loans, or other relationships with the bank should:
- Contact the National Bank of Belarus – The regulator oversees liquidation and customer protection matters
- Check for communication – Customers should have received information about their accounts during the transformation process
- Consult deposit insurance – Belarus has a deposit guarantee system that protects individual depositors up to certain limits
Alternative Banks in Belarus
For those seeking banking services in Belarus, several banks remain operational:
- Belarusbank – The largest state-owned bank (belarusbank.by)
- Belagroprombank – Major agricultural and commercial bank
- Priorbank – Raiffeisen Group member
- BPS-Sberbank – Sberbank Belarus subsidiary
- Belgazprombank – Gazprombank affiliate
Note: Due to international sanctions, some Belarusian banks may have limited international transfer capabilities. Check with your chosen bank regarding specific services.
Contact Information
National Bank of the Republic of Belarus (regulatory inquiries):
- Website: nbrb.by
- Address: 20 Nezavisimosty Avenue, Minsk 220008, Belarus
- Phone: +375 17 306 00 02
Last verified: January 2026
Last Updated on January 2, 2026
URL: https://log-in.me/absolutbank-minsk-belarus/