PRIME-TASS. The sole shareholder at Stella-Bank, based in Rostov-on-Don, that owns 100% of the lending institution’s voting shares decided Monday to pay out dividends for January-March 2009 of Rub 3.22 per common share with Rub 100.00 par value each, the bank reported. A total of Rub 5.79 mln was allocated to dividend payouts. The dividends will be paid out no later than July 3.
For the record, the lender paid out Rub 1.00 per-share dividends for Q108 for a total of Rub 1.5 mln, Rub 2.80 mln for H108 and Rub 3.51 mln for 9M08. The bank earmarked Rub 21.04 mln or Rub 11.69 per share from its net profit (Rub 24.04 mln).
Based on data from the Chief Directorate of the Central Bank of Russia in the Rostov region, as of January 1, 2009 Stella-Bank’s assets totaled Rub 3.16 bln, including credit investments (Rub 991.1 mln), equity capital (Rub 232.8 mln), credits, deposits and other takings (Rub 757.6 mln), including private deposits (Rub 615.5 mln) and 2008 balance sheet profit (Rub 37.96 mln, Rub 12.14 mln in 2007).
Stella-Bank was registered by the Central Bank of the Russian Federation in June 1994 as a closed joint stock company and was transformed into an open joint stock company in February 1997. The lending institution holds CBR license #2948 issued on August 9, 2002. The bank’s charter capital is equal to Rub 180 mln (1.8 mln common shares with Rub 100.00 par value each) and it was decided to additionally issue shares worth Rub 30 mln to upsize the charter capital to Rub 210 mln. The lender’s sole shareholder is Stella-Bank board chairman Konstantin Averin. The lending institution’s key clients are businesses affiliated with Soft Corporation, TPO AAA, Investprom Group, private pension fund Resurs, an MTS branch in the Rostov region, Forte, Real, Kolfa, Rim V, Computer-City, Atomkotlomash, Build and Sevkavkabel.
