Дивидендная политика ао «ForteBank» Редакция 00
Chapter 3. Principles of the Policy
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asbn dividend policy 010223
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Chapter 3. Principles of the Policy 4. The dividends are the Shareholders’ yield on the shares held by them, paid in accordance with the Republic of Kazakhstan law and based on the appropriate resolution of GMS. 5. The source of distribution of dividends is the Bank’s net income determined by the consolidated financial statements for the corresponding period, prepared in accordance with the international financial accounting standards and confirmed by an independent audit examination. 6. This Policy is based on the following principles: 1) the optimal combination of the interests of the Bank and its Shareholders; 2) transparency and openness of the dividends amount determination and distribution mechanisms. 7. A decision on distribution and the amount of dividends shall be adopted subject to the following conditions: 1) compliance with the Bank equity adequacy standards; 2) absence of any restrictions on distribution of dividends provided by the Republic of Kazakhstan law, as well as other restrictions provided by the terms of the Contracts between the Bank and the third parties (covenants); 3) retention of the international credit ratings of the Bank; 4) prevention of implementation of the early response measures by Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan based on the dividends distribution results; 5) need for development of the operating and investment business of the Bank. Chapter 4. Deciding on the distribution of dividends 8. The Board of Directors of the Bank shall submit to GMS for consideration the issue of distribution of dividends on the ordinary shares of the Bank after conclusion of an audit of the Bank’s financial statements for the appropriate period. When determining the recommended dividend amount per one ordinary share, the Bank’s equity amount shall be taken into account. 9. A decision on distribution of dividends on the ordinary shares and determination of the dividend amount per one ordinary share of the Bank shall be made by GMS by a simple majority of the total number of voting shares of the Bank participating in the vote, in accordance with the Republic of Kazakhstan law. 10. GMS shall be entitled to decide not to distribute dividends on the ordinary shares of the Bank. жүктеу/скачать 1,06 Mb. Достарыңызбен бөлісу:
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