30 Jun 2014 09:25

B&N Bank shareholders vote to pay 10.7 mln rubles in dividends

MOSCOW. June 30 (Interfax) - B&N Bank shareholders voted at their AGM Friday to pay dividends of 10.7 million rubles for 2013, the bank said in a press release.

The rest of the net profit to Russian Accounting Standards of 2.23 billion rubles will go into the reserve fund.

Dividends for 2012 totaled 8.2 million rubles with net profit of 1.12 billion rubles. The rest of the net profit was put into the reserve fund.

Shareholders re-elected the same board of directors.

B&N Bank was ranked number 30 by asset value in the Interfax-100 review of Russia's banks for the first quarter of 2014. Mikhaill Shishkhanov is the main beneficiary of the bank.