RUSSLAVBANK authorized capital has increased in 2,35 times in 2005

RUSSLAVBANK President - chairman of Board Nikolay Gousman began the report on the general results of bank activity in 2005 with a traditional phrase: “Sirs shareholders, your means are kept and increased”. These words prove to be true in figures: the Bank profit in 2005 has grown on 8 %, balance currency - on 93 %, net assets - on 104 %, and the Bank capital - on 167 %. Thus, in aggregate Bank profits, the commission incomes share increases.
Such tendency is characteristic for advanced western financial institutions activity. Number of LORO accounts (the accounts of other banks of Russia, the CIS and other foreign countries), at RUSSLAVBANK in 2005 has reached 1200, that speaks about partners high trust to Bank.
The International money transfers and payments system CONTACT created by Bank dynamically develops. The transactions volume in 2005 has exceeded 900 million dollars, and during the period from March, 2005 till March, 2006 this parameter has reached 1 billion dollars.По системе With RUSSLAVBANK CONTACT system cooperate over 400 banks and financial organizations from Russia, Baltic, CIS and other foreign countries. Also the number of system partners on payments actively grows. In 2005 their number has increased in 14 times. The system included the largest banks of Russia and CIS.
In July, 2005 RUSSLAVBANK as the author and the clearing center of CONTACT system, has successfully passed certification on the organization and realization of calculations on money transfers and payments of CONTACT system participants according to Total Quality Management and requirements of quality standard ISO 9001-2000. This fact was positively reflected in trust growth to RUSSLAVBANK and CONTACT from both domestic banks and foreign partners.

On annual RUSSLAVBANK shareholders General meeting have been authorized:
- the report of Bank President - chairman of Board on the general results of Bank activity for 2005 and prospects of its development in 2006;
- the Bank Revision committee report on the work executed in 2005;
- the annual Bank accounting report for 2005.

Also on general meeting have been elected the accounting, auditing commissions and Board of directors till following annual Bank shareholders General meeting. In Council have come:
- Abdulzhelil M. Abdulkerimov, - by proxy from Financial company “INKOTRAST”;
- Anatoly P. Petrov - the Rector of MATI, Chairman of Board of Regional public association “Fund of social protection of employees and students MGATU in the name of K.E.Tsiolkovskogo”;
- Nikolay O. Gousman - Bank President - chairman of Board;
- Victor A. Kobzev - the General director of Open Society “ Taganrog aviation scientific and technical complex in the name of G.M.Berieva”;
- Sergey N. Kruglov - the General director of Joint-Stock Company “IKG”.

Since 1996 constant RUSSLAVBANK auditor is the International company "Price Water House Coopers Audit".