1 Jul 2013 14:10

Nomos Bank cuts top management payments 32% in Q1

MOSCOW. July 1 (Interfax) - Nomos Bank cut top management payments 32% in the first quarter of 2013 to 124 million rubles, compared to 182 million rubles in the first quarter of 2012, a bank report shows.

Salary payments were reduced 10% to 75 million rubles from 83 million rubles and bonuses were slashed 62% to 36 million from 94 million rubles.