OREANDA-NEWS. September 22, 2011. The Board of Directors of AK BARS Bank studied realization of development guidelines of AK BARS Bank for 2011-2013, reported the press-centre of AK BARS Bank.

Amendments #1 to the Charter of AK BARS Bank connected with information entry about the branch of AK BARS Bank in Ufa to the State Register of credit institutions were sanctioned on the meeting.

The Board of Directors approved allocation of funds to implement measures aimed at opening six operating offices of the North-Western branch and approved the appropriate amendments into the financial plan of AK BARS Bank for 2011.

In addition, the Board of Directors approved related-party deals and writing off bad debts. At the end of the meeting the members of the Board of Directors discussed the issue of holding by them positions in governing bodies of other legal entities.