The General Shareholders' Meeting of the Bank “National Clearing Centre” (Closed joint-stock company) (henceforth NCC) approved the basic results of the bank's 2007 activities on May 28, 2008.
Viktor Utkin, Chairman of the Board of the Bank “National Clearing Centre” (Closed joint-stock company), believes that "in 2007, NCC was able to accomplish the main task set by shareholders—on December 10th clearing activities began with a central counterparty in the MICEX Group's exchange currency market." In his words, "the NCC will consistently introduce a clearing mechanism with a central counterparty in other segments of the financial market, acting within the scope of the MICEX Group strategy, which is directed at actively accomplishing the task of transforming Russia into one of the world financial centers."
At the meeting, shareholders approved the annual report of the bank and the accountant's report.
The decision was made to distribute the net profit of the Bank “National Clearing Centre” (Closed joint-stock company) for 2007, in the amount of 23,442,013 rubles 16 kopecks, to the reserve fund and to pay no dividends on outstanding shares based on the results of 2007.
The shareholders meeting approved the membership of the Supervisory Board of the NCC, numbering 8 persons, for the period until the next annual meeting.
Aleksandr Ivanovich Potemkin, President of the ZAO MICEX, was elected as Chairman of the Supervisory Board.
Members of the Supervisory Board:
Golikov, Andrey Fedorovich, Treasurer, Open Joint-Stock Company (OAO) Sberbank Rossii;
Denisov, Yuriy Olegovich, Vice-President and Treasurer of the OAO Bank VTB;
Yegorov, Nikolay Viktorovich, Director National Depository Center;
Subbotin, Vadim Nikolayevich, Vice President, Board Member, ZAO MICEX;
Utkin, Viktor Sergeyevich, Chairman of the Board, Bank “National Clearing Centre” (Closed joint-stock company);
Filaretov, Aleksandr Yuryevich, Manager, ZAO St. Petersburg Currency Exchange;
Yumatov, Andrey Aleksandrovich, Board Member, ZAO YuniKredit Bank;
The shareholders elected members of the Audit Commission of the ZAO AKB National Clearing Centre for the period until the next annual meeting:
Gordiyenko, Olga Yuryevna, Chief Accountant, ZAO MICEX;
Klimova, Zhanna Gennadiyevna, Chief Accountant, Non-Commercial Partnership National Depository Center;
Labutin, Oleg Viktorovich, Director of the Finance Department, ZAO MICEX.
The shareholders meeting approved the ZAO Deloitte & Touche CIS as auditor of the NCC for the 2008 fiscal year.
Fortheinformationofeditors:
The Bank “National Clearing Centre” (Closed joint-stock company) was established in October 2005.
NCC shareholders are the ZAO MICEX (99.329 percent of registered capital) and the Not-for-Profit Partnership National Depository Center (0.671 percent). NCC received a license from the Bank of Russia to conduct banking operations in Russian rubles and in foreign currency.
The authorized capital of the NCC at the moment of registration was 235 million rubles, while declared capital is 1.5 billion rubles. As of today the shareholders' equity is 837 million rubles, including authorized capital of 700 million rubles. In 2008, plans are to increase the shareholders' equity of NCC to 2 billion rubles.
