OREANDA-NEWS. July 09, 2009. Shareholders meeting of Ravnaq Bank summed up the results of 2008 activity and considered main direction of the bank's activity in 2009 at their general annual meeting.

Shareholders approved reports of the Chairman of the Board, Council of the Bank, internal audit service, revision commission, accounting balance, report on income and loss for 2008.

They also reviewed distribution of net income for 2008 and adopted decision to direct income to increase the authorized capital of Ravnaq Bank.

The meeting selected audit organizations for auditing the bank in 2009, elected members of the Bank's Council and revision commission. They also approved some internal documents.