The meeting of AK BARS BANK Board of Directors held on December 14

The Board of Directors approved AK BARS BANK’s budget for 2013 and the Activity Plan for the Internal Control Service in 2013.

Furthermore, there was reviewed the question of the incentive system for the members of the Management Board of AK BARS BANK in 2013, and approved related — party transactions.

In addition, the Board of Directors of AK BARS BANK reviewed the results of the Board’s self-assessment activity in 2012.

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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.