The authorized capital of the Bank is 11,545,000,000 (Eleven billion five hundred forty-five million) roubles divided into 11,545,000,000 (Eleven billion five hundred forty-five million) ordinary registered outstanding shares with a par value of 1 (One) rouble each.
Bank shares are registered shares and are issued as uncertified shares. The Bank places common shares and has the right to place one or several types of preference shares.
An ordinary registered share gives one vote (except for cumulative voting) at voting on matters on the General Meeting of Bank Shareholders, and is entitled to a share of net profit after creation of necessary reserves, settlement of accounts with the budget and off-budget funds, and payment of dividends on preference shares.
The par value of outstanding preference shares should not exceed 25 percent of the authorized capital of the Bank.
