25/10/2018
Press release: Regular Meeting of the TATNEFT’s Board of Directors Was Held
A regular meeting of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on October 25, 2018.
The Board of Directors meeting approved results of the Company's budget execution for nine months of the year and approved the budget for November of the current year.
The Board of Directors considered main parameters that were used as the basis for preparing the forecast of the Company's financial and economic activities for 2019. The forecast had been formed on the basis of the TATNEFT Group Development Strategy until 2030 approved in September of the current year.
The Board of Directors meeting reviewed information on the development strategy of the ZENIT Banking Group. The Board of Directors made a note of the progress in improving the financial performance of the banking business included in the Company's operation perimeter and instructed the management to continue the work aimed at creating a highly efficient bank aimed at creating a highly efficient bank with an optimal ratio of risk and return for the risk profile of the TATNEFT Group.
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