Uralfinprombank to close down funds

20 May 2009 (11:51)

The bank’s shareholders decided at the annual general meeting in Yekaterinburg that they should pass the dividend for 2008. What is more, they voted unanimously for closing down the previously created development fund, savings fund, and consumption fund. The leftovers of these funds’ reserves are to be directed into the undistributed profit category.

The meeting closed with the approval of the bank’s annual report for 2008 and electing the BOD members.

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