The meeting of AK BARS Bank Board of Directors held on December 17, 2010

The Board of Directors adopted the financial plan of AK BARS Bank for 2011 and studied the information concerning the priority directions of the Bank in 2011 for corporate and retail business.

The members of the Board of Directors also adopted the Internal Control Plan for 2011 and the Regulations «About bonuses of the Management Board members», made decisions to write off bad debts and approved related-party deals.

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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.