COMMITTEES

The Committee monitors whether the regulations regarding internal control in the Regulation on the Internal Systems of Banks published in the Official Gazette dated 11.07.2014 and numbered 29057 by the BRSA and the internal policies and implementation procedures approved by the Board of Directors are followed. was established to ensure the fulfillment of audit and surveillance activities.

The Committee has been established to monitor and direct the Bank's corporate governance practices in accordance with Article 5411 of the Banking Law No. 22. It operates in accordance with the provisions of the “Regulation on Corporate Governance Principles of Banks”, which was published in the Official Gazette dated 01.11.2006 and numbered 26333 by the BRSA. The Committee works under the Board of Directors. It meets to monitor the Bank's compliance with corporate governance principles, to carry out improvement studies and to make suggestions to the Board of Directors.

The Committee works under the Board of Directors. Pursuant to the provision “Remuneration committee consisting of at least two members should be established in order to monitor and audit the remuneration practices on behalf of the Board of Directors” in the “Regulation on Corporate Governance Principles of Banks” published by the BRSA in the Official Gazette dated 01.11.2006 and numbered 26333, dated 13.12.2011 and numbered 449. It was established by the decision of the Board of Directors. The Remuneration Committee convenes to make wage suggestions to the Board of Directors.

The Committee was established with the recommendation of the Human Resources and the approval of the General Manager, in order to monitor and direct the responsibilities, service conditions, personal rights and disciplinary actions of the Bank personnel, without prejudice to the Labor Law No. 4857 and the mandatory provisions of the relevant legislation. The Committee works under the General Manager in order to determine the degree of fault and possible damages of the transactions and actions that require disciplinary sanctions by the Labor Law, other legal legislation provisions, internal legislation and disciplinary regulations. Under the chairmanship of the General Manager, the Committee convenes as necessary with the participation of the relevant managers and decides on the issues on its agenda.

The Committee works under the Board of Directors. It operates within the scope of the “Regulation on Information Systems and Electronic Banking Services of Banks” published in the Official Gazette dated 14.09.2007 and numbered 26643. It informs the Board of Directors about strategic compliance in order to manage and administer the legislation/provisions related to Information Systems, to determine the strategic direction, to take decisions to meet IS governance objectives, and to ensure that it is regularly addressed as a part of corporate governance at the Board level.

The Committee works under the Board of Directors. It was established in accordance with the articles of “Regulation on Credit Transactions of Banks” published by the BRSA and its working principles were determined within the scope of the said regulation. Except for exceptional cases, the Credit Committee meets every week as a general practice at our bank. The Credit Committee reports to the Board of Directors its views on the results of the activities carried out by the responsible units, the practices needed to be carried out, and other matters that it deems important for the Bank to continue its operations safely.

The Assets and Liabilities Committee meets every week under the chairmanship of the General Manager, with the participation of Assistant General Managers and Unit Managers who carry out activities that may affect the balance sheet. The agenda of the meeting consists of the Bank's balance sheet, activities of business lines, general economic data, evaluation of current political and economic developments and determination of the weekly strategy.

The Committee works under the Board of Directors. It operates within the scope of the “Regulation on Information Systems and Electronic Banking Services of Banks” published in the Official Gazette dated 15.03.2020 and numbered 31069. It carries out activities on behalf of the Board of Directors to ensure information security within the Bank, to determine acceptable usage standards for information systems, to establish and implement information security policies.

It is responsible for establishing the business continuity management process in order to ensure the continuity of the IS services, ensuring the preparation of the continuity plan, declaring the crisis situation by taking into account all the factors related to the events, deciding on the implementation of the plan and ensuring coordination with other rescue, continuity and response teams.