OTP banka's profit from continuing operations amounted to €19,386,261.04 last year, and the 2008 balance sheet profit of the Bank totalled €5,216,395.80.
The Supervisory Board gave its consent to the proposal of the Management Board for the transfer of the 2008 net profit to other reserves from profit. In accordance with yesterday's resolutions, the Management Board of the Bank will create regulatory reserves of €812,587.00 and statutory reserves of €7,719,583.00, while €2,503,188.73 will be allocated to other reserves from profit, as approved by the Supervisory Board.
At its meeting, the Supervisory Board also accepted the resignation of its member, dr. Aljoša Valentinčič. He announced his resignation due to the incompatibility of his function as a Supervisory Board member of Zavarovalnica Triglav d.d. with the membership of the Supervisory Board of OTP banka.
