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Tuesday, August 22, 2017

Bank Vozrozhdenie reviews IFRS results for first six months of 2014

Russia's Bank Vozrozhdenie announced on Wednesday that its board of directors held a meeting on the bank's IFRS results for the first six months of the year.

The board also discussed several reports for the first half of 2014, including those on risk management, activity in the securities market and the results of internal controls on the misuse of insider information.

Board members affirmed the bank's compliance with the internal control system as mandated by law and confirmed that its risk management system is adequate.

In addition, the board approved the election of Tatiana Orlova, the head of marketing and communications, to its membership.