This page will contain update information on dividend payments to the shareholders of CREDIT BANK OF MOSCOW.
The decision to pay (declare) dividends, including any decision on dividend size and payment procedure for shares of each category (type) shall be taken by the General Shareholders' Meeting based on the Supervisory Board's recommendations.
Dividends shall be paid out of the Bank's net income and distributed among shareholders pro rata to the number of their shares of respective category and type.
The Supervisory Board shall recommend dividend amounts to the General Shareholders' Meeting so that at least 10% of the Bank's RAS net income is distributed thereby.
The Bank must pay any declared dividends to the persons registered in the Bank’s share register within 25 (twenty five) business days or, if they are nominees or stock market professional participants acting as asset managers, 10 (ten) business days of the date as at which persons entitled to dividends are identified.
Dividend Policy of CREDIT BANK OF MOSCOW was approved by the Supervisory Board of the Bank on June 24, 2014 and is available on the Bank's website.
At the annual General Shareholders' Meeting of the Bank held on June 28, 2016 it was decided not to pay dividends on the results of 2015.