Priorbank is a Belarusian commercial bank that as of 2022 was one of the largest commercial banks in Belarus and the largest private bank in the country.[1] In 2022 the bank had a market share of 6.6%.[2]
History
The bank was established on January 20, 1989 as Minsk Innovation Bank, a joint venture of several large industrial concerns, Minsk Tractor Works, Minsk Automobile Plant, MZH, MZVT and "Gorizont". In 1991 it changed its name to Priorbank.[3][4]
In 1997, one of the main shareholders became the European Bank for Reconstruction and Development