INTERFAX. Shareholders of Sverdlovsky Gubernsky Bank took a decision at a May 29 AGM to pay out 2007 dividends of Rub 13.15 with Rub 1,000 par value each. As wired earlier, based on 2006 performance the dividends for 2007 were slashed by 39.5%. The lending institution’s 2007 net profit amounted to Rub 135.36 mln (Rub 210.1 mln in 2006). Of this amount, in particular, Rub 8,184,560 will be allocated to dividend payouts, Rub 5.5 mln to the social development fund and Rub 113.32 mln to the cumulative fund.
The AGM also approved the lender’s annual report, accounting records, including the P&L statement for 2007, elected a 10-member board (instead of nine members earlier). First deputy head of the government of the Sverdlovsk region for the economic policy and perspective development and minister of economy and labor Mikhail Maksimov was reelected as board chairman.
Furthermore, the bank’s shareholders decided to appoint Ekaterinburg Audit-Center, which was the lending institution’s auditor in 2007, auditor for 2008. Meanwhile, KPMG was retained as an auditor of the lender’s IFRS books. The lending institution’s charter capital equals Rub 622.4 mln and is divided in common shares with Rub 1,000 par value each.
The lending institution’s shareholders are the Ministry of State Property Management of the Sverdlovsk region (25%), executive board chairman Alexander Ivanov (19.9%), limited liability companies FK-Energia (19.65%), Invest-Trade (18.76%) and United Financial Company (12.47%). In Q108, Sverdlovsly Gubernsky Bank ranked 126th in terms of assets in the Interfax-100 ranking, prepared by Interfax-CEA.
