Probusinessbank rids of funds

AKB Probusinessbank (Life Group) shareholders decided in the course of their extraordinary general meeting to pass the share dividend for 2008. The share profit (471,890,529.3 RUR) is expected to be used to cover up the bank’s losses.


The stockholders also decided to get rid of the bank’s economic development and promotion funds.
In addition, the bank’s new Board of Directors (consisting of nine members) was elected at the meeting.


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