OREANDA-NEWS. June 08, 2011. First Deputy Prime Minister of the Russian Federation Victor A. Zubkov headed a meeting of the Supervisory Board of Russian Agricultural Bank, reported the press-centre of Russian Agricultural Bank.

During the meeting the Supervisory Board approved an agenda of the annual general shareholders meeting of Russian Agricultural Bank. It was recommended to the Bank’s only shareholder – the Russian Federation represented by the Federal Agency for State Property Management, to assign 25% of net profit for the year 2010 (RUB 253.4 million) to the payment of dividends (RUB 2,346 per one share). The agenda of the annual general shareholders meeting also includes such issues as the election of the Supervisory Board and the Audit Commission.

Also, the Supervisory Board discussed the results of the Bank’s business-plan implementation in Q1 2011.

Loan portfolio of Russian Agricultural Bank showed an exceeding growth in Q1 2011 as compared to the business-plan.