Meeting of AK BARS Bank Board of Directors held on September 20

The Board of Directors of AK BARS Bank studied realization of development guidelines of AK BARS Bank for 2011-2013.

Amendments #1 to the Charter of AK BARS Bank connected with information entry about the branch of AK BARS Bank in Ufa to the State Register of credit institutions were sanctioned on the meeting.

The Board of Directors approved allocation of funds to implement measures aimed at opening six operating offices of the North-Western branch and approved the appropriate amendments into the financial plan of AK BARS Bank for 2011.

In addition, the Board of Directors approved related-party deals and writing off bad debts. At the end of the meeting the members of the Board of Directors discussed the issue of holding by them positions in governing bodies of other legal entities.

All news
Read the following
Audited by the Certification Association Russian Register, Ak Bars Bank has become the first Russian bank to have proven its business continuity management system to be compliant with ISO 22301 (GOST R ISO 22301).
The Bank held a tender procedure for the supply of FSC-certified copy paper.