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The General meeting of the Bank Vozrozhdenie shareholders is held

June 27, 2008

The General meeting of the Bank shareholders was held to summarize the work performed in 2007 and to determine the guidelines for the current year and to declare dividends.

«We have made sure again that a long-term relations of mutual confidence and partnership with our customers that always were a supreme value for Bank Vozrozhdenie helps to deal with complicated problems», Dmitry Orlov, Chairman of the Bank Managing Board, said.

«The shareholders are satisfied with an increasing publicity and growing quotations», Yury Marinichev, Chairman of the Board of Directors, said. 

CJSC PriceWaterHouse Coopers Audit is approved as an official auditor of the Bank once again.

The expedience of the business model developed by the Bank was confirmed by American Fund Brysam Global Partners that became one of major shareholders of the Bank. Robert Willumstad, the Fund Managing Partner, became a member of the Bank Board of Directors and Head of the Personnel and Remuneration Committee.

The Film Director Nikita Mikhalkov is one of six independent directors of the new Board of Directors of the Bank Vozrozhdenie

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