OREANDA-NEWS. March 06, 2009. Alliance Bank clarifies the reason for cancellation and postponement of the Extraordinary General Meeting of Shareholders, reported the press-centre of Alliance Bank.

Referring to the announcement of the cancellation of the Extraordinary General Meeting (EGM) of Shareholders published on 3 March 2009, Alliance Bank informs that cancellation was required but only due to the internal Regulation on the Board of Directors of Alliance Bank not being followed with regard to the applications for candidates’ nomination.

Alliance Bank will ensure compliance with the internal Regulation when arranging and announcing a new EGM shortly.