OREANDA-NEWS. May 21, 2014. Took place the Annual Ordinary General Meeting of Shareholders BC "VICTORIABANK" S.A. in the presence of 97 % of the Bank's shareholders.

The General Assembly approved the financial report, the annual report of the Board of Directors and the annual report of the Audit Commission for 2013.

It was decided to approve the use of 25.82 % or by 2.40 per share of the profit in 2013 to pay dividends to shareholders of the Bank. The remaining profit was directed to increase the capital of BC "Victoriabank".

The Assembly approved the "KPMG Moldova" SRL as the external auditor of the Bank for the year 2014 and the company "Moldauditing" SRL has been confirmed for exercising the Auditing Commission.

The General Assembly also approved the amendments to the Regulation of the Bank’s Board of Directors, as well as a new version of the General Shareholders Meeting Regulation "Victoriabank" SA.

The 2013 assets of BC "VICTORIABANK" increased by 15.1 % and amounted to LEI 11,648 million, exceeding the planned level by 6.7 %. Market share held by the Bank in this regard was 15.3 % of total assets per banking system.

The Bank Loans and receivables as of December 31th, 2013 were LEI 6,648 million or 57.1 % of total assets. The market share of the Bank in this regard by the end of the year was 16.2 %.

In 2013 the total volume of deposits in BC "VICTORIABANK" S.A. increased by more than 14.7 % or 1,210 million LEI and amounted to 9,445 million LEI. The business plan in this regard has been exceeded by 6.8 %. The market share for total deposits at the end of the reported period amounted to 17.1 %, the Bank ranking in the top positions in the banking system in this chapter.

Nonetheless, the share of deposits market for individuals was 20.33 %, up 0.52 % percentage points, which marks the confidence in the financial stability of Victoriabank.

According to the financial results of BC "VICTORIABANK" S.A. in the year 2013 the bank registered a profit in the amount of 232.3 million lei, meeting the target set in the business plan.