OREANDA-NEWS. July 30, 2008. Priorbank, JSC increased its authorized funds by 160% from BYR 102.8 bn to BYR 270 bn. The increase was conducted by increasing the nominal share price from BYR 1,275 up to BYR 3,350, reported the press-centre of Priorbank.

Priorbank, JSC is the largest foreign owned bank of the country. The main shareholder of the bank is Raiffeisen International Bank-Holding AG, one of the leading banking groups in CEE, which owns 63.5% of Priorbank's shares. The second largest shareholder is the European Bank for Reconstruction and Development, which owns 13.5% of the shares. 
 
Priorbank is one of the backbone banks on the Belarusian financial market and ranks third in terms of assets and loans. In June, the renowned British financial magazine Euromoney awarded Priorbank the title Best Bank in Belarus.