Rustam Minnikhanov: "Ak Bars Bank has been and will be our main bank"
27 May 2011, Friday
The existence of Tatarstan such financial institution as "Ak Bars" Bank of the Republic allows its management effectively to implement projects of social and economic development. This opinion was expressed by President of Tatarstan Rustam Minnikhanov, speaking at the annual general meeting of shareholders of OAO “Ak Bars” Bank.
In 2010, the bank's assets increased by 6,3% and reached 240.7 billion rubles. Based capital subordinated debt fell by 2,8% and amounted to 35.3 billion rubles. Net profit of “Ak Bars” Bank in 2010 decreased by 5,5% and amounted to 568 million rubles.
President of Tatarstan Rustam Minnikhanov noted that "Ak Bars" Bank has a leading position in the banking system not only in Tatarstan but in the whole country. "According to the basic parameters " Ak Bars " Bank is in the top twenty largest banks in Russia”, said the RT President.
Nevertheless, the head of the republic agreed with the chairman of the National Bank of Tatarstan Evgeny Bogachev in the lack of effectiveness of “Ak Bars” Bank. Net profit of this financial institution up to 2010 was less than 2 percent of the capital. "The effectiveness of the bank, the ratio of profits and capital is something that is necessary to pay serious attention.
According to R. Minnikhanov, “Ak Bars” Bank should adopt a positive experience innovations of Sberbank and other banking institutions.
On 17 April Tatarstan Prime Minister Aleksey Pesoshin took part in an ad-hoc meeting of the Pestretsy municipality Council of the republic, where he introduced the new Acting Head of the Executive Committee of the region Rais Suleymanov who replaced the Head of the Committee Vadim Nikitin who submitted an application about early termination of his appointment.
On April 16, at their meeting in Innopolis, Deputy Prime Minister of Tatarstan Roman Shaykhutdinov, the delegation of Russian Ministry of Industry and Trade headed by the Director of the Department of Regional Industrial Policy Ivan Kulikov and Director General of Innopolis Special Economic Zone Renat Khalimov discussed the areas of cooperation related to the development of the production sector of the Innopolis innovation center in the high-tech industries.
On 16 April, speaking at a briefing in the Government House of the republic, Tatarstan Minister of Forestry Ravil Kuzyurov informed that the republic is planning to carry out work in forest reproduction and forestation at the area of 2 500 hectares.
On 15 April in the Government House of the republic, Tatarstan Prime Minister Aleksey Pesoshin held a meeting of the Tatenergo Company Board of Directors, where its participants discussed results of work of the company in 2023, outcomes of sales of electricity and heat energy, implementation of the capital construction plan and the investments programme.