OREANDA-NEWS. September 2, 2009. Extra JSCB “Forum” shareholders meeting was held. All questions of the agenda were discussed and important decisions for further Bank development taken.

Key questions of the agenda were to strengthen the Bank Forum authorized capital and to bring the statute in line with the new legislation requirements. The shareholders approved capital injection and will consider set of relevant subjects about additional shares emission and changes in statute during next extra meeting.

“Bank position at financial market is strong enough. The share of highly liquid assets is 7, 5% from net assets, capital adequacy for today equals to 13% (at the rate of 10%). This is very good indicator, which enables us to confidently plan further Bank development — said Wilhelm Nuese, Head of Supervisory Board — Strengthening of core capital can serve as a type of protection policy from possible unforeseen market turbulent”.

At this time, the key Bank aim is to maintain the quality of loan portfolio at high level that will lead to further sustainable development. Currently Commerzbank Auslandsbanken Holding AG is the main shareholder of JSCB “Forum”.