OREANDA-NEWS. May 10, 2013. In Ufa (Russian Federation) held an extraordinary general meeting of shareholders of JSC "AF Bank", dedicated to the election of a new Board of Directors in connection with the previously signed agreement for the acquisition of a controlling stake "AF Bank" a group of private investors.

The extraordinary general meeting of shareholders elected a new Board of Directors of the Bank. The chief representative of the new shareholders in the Board was Mr. Pascal Nejad. Chairman of the Board of JSC "AF Bank" appointed Ansaf Amiryanovich Nigamatyanov, who previously held the position of Managing Director of the Bank. Idar Sabirovich Zubairov, former head of the credit organization, also became part of the new Board of Directors of JSC "AF Bank".

Commenting on the deal, Deputy Chairman of the Management Board of JSC "Astana Finance" (Kazakhstan) Genghis Saparbekov said:

- We are grateful to the staff and management of AF Bank for successful collaboration, dynamic and active development of the credit institution, the principal shareholder of which is our financial group. Sale of shares carried out in the framework of the strategy of JSC "Astana Finance" on the sale of assets of the company.

President of "Capital Financeholding Group (Suisse)" SA, Switzerland, a Swiss citizen, Mr. Nejad Pascal (Pascal Najadi), investment banker, said:

- We have a strategic interest in doing business in Russia, so were looking for a strong mid-level bank, located in the center of the country. I am convinced that our participation in the work of AF Bank will allow it in the near future to become an international lending institution.

FAQ:
Open Joint Stock Company "AF Bank." General License of the Central Bank of Russia № 991 from 05.04.2007, the Bank has 22 service offices in various cities of the Russian Federation.

According to the rating agency "RBC" in November 2012, the bank is in the top 25 Russian banks in terms of car loans and in the top 50 in terms of mortgage lending. Rating the rating agency "Expert RA", in October 2012: "A" - a high level of creditworthiness.

The bank's equity at 1 April 2013 was 1 205.319 million, deposits of individuals 4030, 227 million, total assets of 7 136.028 million.