Sole shareholder of Subsidiary Bank Alfa-Bank approves annual financial statements and the bank's net income distribution procedure for 2020

16.04.21 19:02
/KASE, April 16, 2021/ – Subsidiary Bank Alfa-Bank (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has notified KASE of decisions of its sole shareholder of April 15, 2021: - to approve annual financial statements of the bank and take note of the auditor's report on the annual financial statements; - to approve the following procedure for distribution of the bank's net income for 2020: - to pay dividends in the amount equivalent to USD11,091,000; - to leave the remainder of undistributed net income after payment of dividends without distribution; - to take note of the fact of absence of shareholders' appeals against actions of the company and its executives in 2020; - to take note of the information on the amount and structure of remuneration to members of the Board of Directors and members of the Management Board of the bank. This information is available (in Kazakh and Russian) at – https://kase.kz/files/emitters/ALBN/albn_decision_sole_shareholder_150421_10100.pdf [2021-04-16]