OREANDA-NEWS. On April 22, 2009 The FUIB Annual General Shareholders’ Meeting was held, reported the press-centre of SCM.

The General Shareholders’ Meeting considered a number of issues and approved the Bank financial statements for 2008, the auditors’ report, and the conclusions made by the Auditing Committee on the report and the results of the inspection of the Bank economic activity.

It also made a decision to allocate the 2008 Bank profit, as well as the Bank retained profit as of January 01, 2008, to the FUIB reserve fund. This decision demonstrates the shareholders’ interest in the Bank further development, reliability and sustainability of FUIB in conditions of the unstable situation on the financial market.

Moreover, the General Shareholders’ Meeting decided to change the Bank type, currently being a close-joint stock company, for a public one. According to Rafal Juszczak, Chairman of the FUIB Management Board, the said decision was called forth by the amendments to the valid legislation of Ukraine and requirements of the National Bank of Ukraine that are to come into force in the near future.

‘The Bank transforming into the public joint-stock company does not represent a change of the FUIB organisational-legal form and does not require implementation of the joint-stock company closure procedure. We plan to commence implementation of this decision following April 30 of the current year’, the FUIB Chairman of the Management Board marks.