Shareholders Raiffeisen Bank Aval distributed profit for the year 2017, changed type joint stock company and elected the Supervisory Board
Kiev. 27 APR. — the Shareholders of Public joint stock company “Raiffeisen Bank Aval” to their annual General meetings that held in Kiev, approved the reports of the Supervisory Board and the management Board about results of Bank's activity in 2017 year adopted the main directions of activities of the Bank in 2018 year. It was also severgina reports and conclusions of the Audit firm ZAO “KPMG Audit” about the Bank's activities in 2017 year.
in accordance with the approved on the meeting of the annual results of activities of Raiffeisen Bank Aval and its subsidiaries, the Bank's profit according to 2017 the year was 4 468,581 million. It will be distributed as follows: to 0.7 million. will focus on the payment of dividends to holders of preferred shares of the Bank, almost of 223.5 million UAH will be sent to reserve Fund of the Bank, about 4 244,4 million. will be paid in the form of dividends to owners of ordinary shares.
the shareholders of the Bank decided to change the type of the joint stock company to private joint stock company. In connection’connection with this changes the name of the Bank — Public joint stock company “Raiffeisen Bank Aval” on Joint stock company “Raiffeisen Bank Aval”. The abbreviated name — at “Raiffeisen Bank Aval” — remained without changes.
the meeting elected the Supervisory Board of Raiffeisen Bank Aval, which consists of the Chairman of the Supervisory Board Martin Grull, Deputy Chairman of the Supervisory Board Andrey Stepanenko, and also the members of the Supervisory Board Joseph Eberle (Joseph Eberle), Harald Krueger (Harald Kroeger), Robert Fritz (Robert Fritz), Andrea Moraru(Moraru Andreea), Anna Trees’Janko, Pavel Sheremet, Daniel Bilak.
connection’connection with approved by the shareholders decisions and entry into the effect of new legislation on the shareholders also made changes in the Charter and other documents of the Bank through the approval of their new editions and also approved the regulations on the Supervisory Council of the Bank.
JSC “Raiffeisen Bank Aval” was 27 1992 to March years, from October 2005 years became part of Austrian banking group Raiffeisen Bank international AG. As 31 Dec 2017 years, the Raiffeisen Group owned 68,28% stake in the Bank, the European Bank for reconstruction and development — 30%.
a Wide range of standard and innovative banking services are provided in more than 2.5 million customers Raiffeisen Bank Aval through nationwide network, which as of the end of December 2017 consisted of 500 branches throughout Ukraine.
