Rustam Minnikhanov holds board meeting of Tatneft Oil Company

On October 25, at the Government House of the republic, Tatarstan President Rustam Minnikhanov chaired a regular board meeting of Tatneft Oil Company, to sum up the results of the company's budget execution for nine months of the current year and to approve budget amounts for November of the current year.

The Board discussed the main indicators, which were basis for the preparation of financial and economic activity of the company for 2019.

The forecast is developed according to the Development Strategy of TATNEFT Group until 2030, approved in September of the current year.

The meeting reviewed information on the development strategy of ZENIT Banking Group. The Board indicated progress in improving the financial indicators of the banking business included in the company's perimeter and instructed senior managers to continue the work aimed at establishing a highly efficient bank with an optimal balance of risk and profitability for the risk profile of Tatneft Group.