Board of Directors Committees
The Credit Committee operates under the authority delegated by the Board of Directors within the framework of the applicable legislation. Its duties include evaluating credit proposals submitted by the relevant head office units, finalizing proposals within its authority, and submitting those beyond its authority to the Board of Directors for approval.
Responsible for auditing the efficiency and adequacy of the Bank's internal systems, ensuring the accounting and reporting systems operate in compliance with applicable laws and regulations, conducting preliminary assessments in the selection process of Independent Audit Institutions, rating, valuation, and support service providers, and regularly monitoring the activities of these contracted institutions.
Monitors the Bank's compliance with Corporate Governance Principles and sustainability activities, conducts improvement studies, and provides recommendations to the Board of Directors.
Responsible for conducting the necessary work to establish and implement the Bank's remuneration policy and practices effectively.
Ensures the effective and efficient management of risks as defined by banking regulations, monitors the Bank's risk profile across all types of risks, and evaluates the effectiveness of the risk management framework.