Shareholders of Bank Saint Petersburg approve dividends for the first half

Saint Petersburg, Russia - July 14, 2023

In a meeting held on July 13, 2023, the shareholders of Bank Saint Petersburg approved the payment of dividends for the first half of 2023.

The dividend payout amounts to RUB 3.0 billion, which represents a dividend yield of approximately 8.0% based on the current share price.

The dividend payment date is set for July 29, 2023, with a record date of July 20, 2023. This means that shareholders who are registered as holders of Bank Saint Petersburg shares on July 20, 2023, will be entitled to receive the dividend payment.

The dividend payment is in line with Bank Saint Petersburg's dividend policy, which aims to distribute at least 50% of its net profit to shareholders. The bank's strong financial performance in the first half of 2023, supported by solid growth in net interest income and non-interest revenue, has enabled it to maintain a healthy dividend payout ratio.