AK BARS Bank held an Extraordinary General Meeting of Shareholders

On January 30, 2017 AK BARS Bank held an Extraordinary General Meeting of Shareholders.

Shareholders voted for an increase of the Bank's authorized capital by RUB 10 bln by issuing additional registered book-entry ordinary shares with the par value of 1 RUB each.

The number of the declared shares of AK BARS Bank has been defined as 30 bln shares with the par value of 1 RUB each.

The meeting also approved the amendments to the Bank's Articles of Association.

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On 10 July, 2018 Moody’s Investors Service upgraded to b3 from caa1 the Baseline Credit Assessment (BCA) of Ak Bars Bank.
Agency evaluated the Bank’s key indicators: assets, equity, borrowed funds, individual bank deposits, loan portfolio, additionally, assets and equity growth rates, individual and corporate loans.