ST. PETERSBURG, RUSSIA, August 24 /PRRussia/ — The supervisory board of the Industry & Construction Bank (Promstroibank; PSB) has decided to convene an extraordinary shareholders meeting. The meeting is scheduled for September 22, 2006. The agenda includes issues linked with PSB reorganization in the form of merger with Vneshtorgbank. At 2005s end, Vneshtorgbank raised its shareholding in PSB to 75% of placed ordinary shares plus three shares.
Source: PSB press service