PRIME-TASS. At a meeting held on April 23 to review issues relating to the lending institution’s further expansion, plans to boost equity capital and broaden the geographical footprint in Russian territory and bump up volumes of transactions the supervisory board at Kaliningrad-headquartered Investbank recommended that the AGM approve no common dividends for 2008, the lending institution reported.
The lender’s supervisory board also took a decision to call a general shareholders meeting on June 25, 2009. The following issues were put on the AGM agenda: to approve an annual report and annual accounting records, including a P&L statement, distribution of 2008 profit, to elect new supervisory board and audit committee members, and appoint an auditor, as well as other issues.
As the news agency wired earlier, Investbank paid out no dividends for 2007. Investbank is a universal bank, with the charter capital equal to Rub 1.7 bln. The lending institution’s shareholders are Vladimir Antonov (52.5%), Rekha Holdings Limited (16.31%) and Academgroup (6.04%).
