Taking into account Idea Bank’s strategic objectives in scope of its capital structure, as well as bank’s long term strategy of development and current level of bank’s capital, Management Board will recommend allocating the total of earnings from financial years 2014, 2015 and 2016 to reserve capital, which will allow further bank’s development and improve its stability.
In the following years, Idea Bank is going to pay dividend at the level of 50% of net earnings for a particular financial year, indicated in examined separated annual financial statement. In years when the bank achieves exceptionally positive result and its solvency factors are be high, higher amount of dividend may be paid.
The policy concerning dividend payment will be analyzed and from time to time verified by the Management Board, if needed. Decisions in this respect will be made with taking into account a number of factors, including the perspective of further operation, future profits, financial standing, demand for monetary resources, development plans and law requirements and guidelines of supervisory bodies in this respect. Every time the decision about payment of dividend will be made by shareholders at the General Meeting.