Reasons for Field Survey

The Belarusian foreign exchange market is a vital component of Eastern Europe's financial landscape. Leveraging its solid industrial foundation in machinery manufacturing and chemicals, as well as its close economic and trade ties with neighboring countries, the country's foreign exchange trading business has steadily grown, attracting both international traders and local institutions. To help investors gain a thorough understanding of the true operational status of local forex brokers, a field research team conducted a special visit to Belarus.

Field Survey Process

This survey team traveled to Belarus as planned, visiting the publicly listed Belarusbank office address (220089, Minsk, Dzerzhinski ave, 18, Republic of Belarus) to verify the authenticity and accuracy of the broker's business location.

The survey team arrived at the building at 18 Dzerzhinskiy Street, Minsk, located in the heart of Minsk. The area is bustling with surrounding streets and a strong commercial and financial atmosphere, allowing the team to capture panoramic views of the building. The prominent Belarusbank logo is visible from the exterior, clearly identifying the building as its location. Upon entering the lobby, the team was able to stop by without any further communication. A sign clearly indicated Belarusbank's presence, and the broker's logo was also displayed throughout the lobby. The publicly listed business address was consistent with the information provided on the survey form.

During our visit, which took place during lunchtime, security guards were stationed at the building entrance. The surveyors attempted to reach the target office area to confirm its specific floor and location, but were denied access because the security guard stated, “”Foreigners are prohibited from entering.“” They were unable to reach their designated office floor, enter the company, or even take a photo of the reception desk or its logo. Judging solely from the exterior and lobby, the building's overall amenities and internal office environment were consistent with its “”bustling“” designation, and it was clearly stated throughout the survey that the building was exclusively for Belarusbank.

Thus, the survey confirmed the existence of Belarusbank at the aforementioned address.

Field Survey Summary

The surveyors visited Belarusbank as planned and observed the broker's company name and logo displayed prominently at the publicly shown business address, indicating the physical presence of the broker's business. Investors are advised to take all factors into consideration before making a decision.

Field Survey Disclaimer

The above content and opinions are for reference only and should not serve as a basis for any final decision.