Orienbank Summarized Balance Sheet in 9M 2010
OREANDA-NEWS. December 29, 2010. The balance sheet and budget commission of “Orienbank” OJSC has ended its activities to summarize the financial activities in nine months and the budget project planning for the upcoming year. The financial activities of the branches were analyzed for the above mentioned period.
The commission composed of the heads of the main departments including chief accountant, corporate development department, deposit credit policy department, and audit and internal controlling department discussed the bank marketing policy, deposits appeal, the problem of the delinquent payments, ineffectiveness of the expenses, and the process of the accomplishment of the budget for the current year and discussing it for the upcoming year.
It needs to be noted that 4 branches were marked with “excellent”, 7 “good”, 15 satisfactory and 6 unsatisfactory.
With the view of the improving the financial activity of the bank the commission has given advises to the branches to take the necessary steps to successfully achieve the plans shoved in business plan and the financial-economic indicators of the “Orienbank” OJSC in 2010.
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