PRIME-TASS. The annual shareholders meeting conducted by Tyumen-based Zapsibcombank Friday, April 17, adopted a decision to pay out per-share dividends of Rub 0.50 for 2008 and also 30% and 100% interest on preferred shares with various registration numbers. The par value of all securities is Rub 10.00, the lender’s representatives told the news agency.
The lending institution’s FY08 net profit totaled Rub 1.04 bln, leaping 31% or Rub 249.3 mln year on year. Of this amount Rub 34.3 mln was earmarked for dividend payouts, Rub 45.9 mln is to be directed to the reserve fund, with the remainder to be kept as retained earnings. It was also decided to allocate the unspent portion of the special-purpose reserve fund (Rub 138.7 mln) to retained earnings.
2007 dividends were declared and paid out in 2008. Dividends were accrued for 8,985 shareholders (8,495 individuals and 490 legal entities). Dividends accrued totaled Rub 200.2 mln (Rub 94.6 mln in favor of legal entities and Rub 105.6 mln for individuals). Dividends on preferred shares of different issues were paid out in the range of 30% to 100% interest and Rub 3.51 per common shares (the par value of all securities is Rub 10.00).
The lending institution’s shareholders elected a new 8-member board of directors. New board members are Zapsibcombank CEO Dmitry Goritsky, Deputy Governor of the Tyumen region Oleg Zaruba, Governor of the Yamal-Nenets Autonomous District Yury Neelov, the bank’s shareholder Roman Paly, Yamalgazprom board chairman Oleg Serbin, Gazprom Dobycha Urengoi general director Rim Suleymanov, Financial Technologies general director and board chairman at European-Asian Credit Bank Dmitry Terekhin, representative of Stroytransgaz CEO in the Tyumen region and the Yamal-Nenets Autonomous District Igor Shapovalov. At a first meeting of the newly elected board Shapovalov was elected as board chairman.
The AGM decided to upsize the lending institution’s charter capital from Rub 682 mln to Rub 1.12 bln by issuing 44 mln additional common shares.
The lender was set up on November 23, 1990 on the basis of the Tyumen regional directorate of Promstroybank of the USSR. The bank’s major shareholders are the Property Relations Department of the Tyumen region, Arcticneftegazstroy, Golyshmanovoagropromsnab, Novourengoi United Air Group, Trest Sibcomplektmontazhnaladka, Nordmedcom Management Company, Khantymansiyskneftegazgeologia and Yugansktruboprovodstroy. The bank consists of 27 branches in the Tyumen region and also a branch in Moscow.
As of January 1, 2009 the bank’s assets totaled Rub 48.8 bln, with net debt accounting for 74%.
