| Issuer/Entity | BPS-Sberbank | | Long Term Rtg | Caa1 | | Long Term Watch | Not on Watch | | Outlook | Negative | | ST Issuer Level Rtg | NP |
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| Issuer/Entity | Minsk Transit Bank | | Long Term Rtg | Caa1 | | Long Term Watch | Not on Watch | | Outlook | Negative | | ST Issuer Level Rtg | NP |
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| Issuer/Entity | Belagroprombank JSC | | Long Term Rtg | Caa1 | | Long Term Watch | Not on Watch | | Outlook | Negative | | ST Issuer Level Rtg | NP |
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| Issuer/Entity | Bank Moscow-Minsk | | Long Term Rtg | | | Long Term Watch | | | Outlook | Ratings Withdrawn | | ST Issuer Level Rtg | |
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| Issuer/Entity | Belarus, Government of | | Long Term Rtg | B3 | | Long Term Watch | Not on Watch | | Outlook | Negative | | ST Issuer Level Rtg | |
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| Issuer/Entity | Belarusbank | | Long Term Rtg | Caa1 | | Long Term Watch | Not on Watch | | Outlook | Negative | | ST Issuer Level Rtg | NP |
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| Issuer/Entity | Belinvestbank | | Long Term Rtg | Caa1 | | Long Term Watch | Not on Watch | | Outlook | Negative (multiple) | | ST Issuer Level Rtg | NP |
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