26 Apr 2012 19:15

Bank of Moscow to hold AGM on June 4, might earmark almost all net profit for 2011 dividends

MOSCOW. April 26 (Interfax) - The board of directors at Bank of Moscow has decided to hold an annual general meeting for shareholders on June 4, the bank said in an official statement.

The bank's shareholder register closed on April 24.

The board of directors made a recommendation to shareholders that they approve earmarking 5 billion rubles for the 2011 dividend payout. The payout rate might come to 18.4 rubles per share.

The bank's net profit for 2011, including events after the reporting date (EARD), came to 5.107 billion rubles.