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14.04.2009  
Annual General Meeting of Shareholders of EXIMBANK - Gruppo Veneto Banca.
Today, April 14, 2009, in the city of Montebelluna (province of Treviso, Italy) the Annual General Meeting of Shareholders of EXIMBANK - Gruppo Veneto Banca was held, which examined the financial results of the bank’s activity in 2008. During the meeting it was mentioned that the year 2008 constituted a successful year for the Bank, being the second complete year of activity in the Italian banking group Veneto Banca. It was pointed as well, that in the reporting year the bank utilized at the maximum level the opportunities offered by the statute of the member of an international banking group oriented to the success and the consolidation of its positions on the markets it activates.

EXIMBANK - Gruppo Veneto Banca maintained its position of leader in the local banking system by the paid-up capital and the second place by the Tier-one capital. The paid-up capital of the bank at the end of 2008 is 10 times higher than the amount of the capital at the moment of the acquisition of the bank by the banking group Veneto Banca and 4, 8 times than the medium level of the paid-up capital of the local commercial banks.

Simultaneously, in the conditions of a lack of long-term financial resources on the local financial market, during the 2008 year EXIMBANK - Gruppo Veneto Banca has been granted medium and long-term credit lines by its mother company in the amount of 25 million Euro, as well as by the European Bank of Reconstruction and Development in the amount of 20 million US dollars. Access to the external financial resources for a long-term period permitted the Bank to satisfy all requirements of the successful customers, representing all sectors of the national economy.

Total assets of the bank increased during the reporting year by 995,2 million lei (36.56%) and reached
3 717,3 million lei, the loan portfolio grew by 509,5 million lei (28,0%), and reached 2 327,2 million lei, the attracted deposits increased by 346,2 million lei (26,7%) up to 1 642,3 million lei, the shareholder’s capital increased by 114,4 million lei (15,2%) up to 866,6 million lei and the net profit increased by 55,9 million lei (97,3%) and constituted 113,3 million lei.

In accordance with the decision of the General Meeting of Shareholders the net profit of the bank, generated in 2008, was distributed in proportion of 5 percent or 5,7 million lei for increase of the Reserve Fund and 95 percent or 107,6 million lei as retained profits.

The Meeting has examined and approved the Annual Reports of the Board of Directors and the Censors’ Committee, the Report of the General Director, the working plan of the Censors Committee for 2009, as well as the new bank’s By-Laws. The General Meeting approved as well the composition of the Censors Committee as well as the territorial expansion of the bank by opening new branches and representative offices.

PricewaterhouseCoopers Audit (Moldova) has been approved as the auditing company of the bank for 2009.

 
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