19 Feb 2013 09:11

Vozrozhdenie cuts payments to management 31% in 2012

MOSCOW. Feb 19 (Interfax) - Vozrozhdenie Bank paid its management board 175.6 million rubles in 2012, the bank said in a report.

Payments amounted to 254.5 million in 2011, so they fell by 31% in 2012.

Vozrozhdenie Bank was ranked number 32 by asset value in the Interfax-100 review of Russia's banks in 2012.