Asset-Liability Committee
The Asset Liability Committee meets at the beginning
of each week under the supervision of the CEO and with the participation
of the Group Managers, who carry out such activities that affect the balance
sheet
of the Bank and the Chief Economist. The agenda of the meeting includes the
financial statements of the Bank, activities of the business units, general
economy and evaluation of the current political and economical situation,
along with the establishment of the weekly strategy.
Credit Committee
The Credit Committee evaluates the commercial, corporate
and SME loan applications to the Bank. Meeting every week, the committee
approves or rejects the credit applications that falls within its legal jurisdiction.
It also submits the applications that exceed its authorization limit to the
Board of Directors for approval.
Disciplinary Committee
The Disciplinary Committee assesses the existence
of activities that merit disciplinary action according to the internal regulations
of the Bank. If there is any, the committee further assesses the parties
involved, their degree of fault and the damage occurred as a result of this
activity.
The Disciplinary Committee meets when needed.
Risk Committee
There are two different risk committees operating within DenizBank,
which are namely Top Level Risk Committee and Risk Committee.
- Top Level Risk
Committee; determines the risk management strategies of the Bank and its
participations, by assessing the required capital and maximum
risk levels.
- Risk Committee; allocates the maximum risk limitations determined
by the top level risk committee to business units and related products,
informs the units about their risk limits in writing, makes sure the positions
are within
risk limits and takes the necessary steps for a precautionary action.
Purchasing Committee
Within the framework of the Bank’s procurement policy,
the Purchasing Committee is formed to centralize the wholesale and retail
purchasing processes of the Bank according to the internally accepted price
and quality
standards.
Communications Committee
The Communications Committee aims to
convey the Bank’s qualifications that form the basis of its corporate identity
via
appropriate means and tools of communication, while strengthening the
brand and supporting
the image of the Bank. The Communications Committee meets at least
once a month. The ideas and suggestions are presented to the Executive Board
for
consideration.
Promotions Committee
The Promotions Committee is responsible
for evaluating and approval of the vertical (increase in both the title
and duties) and horizontal
(change in title but the duties and responsibilities remain the same) movement
of all personnel working at DenizBank Financial Services. The Promotions
Committee meets two times a year, in the months of March and September, under
the supervision
of the Executive Board.
Executive Board
The Executive Board of DenizBank Financial Services Group (DFSG)
is a consulting authority functioning within the framework of the responsibilities
of the executive
management and the CEO, given by the Board of Directors. The Executive Board
meets every week under the supervision of the CEO and consists of executive
members of the Board, the EVPs of the Bank, the CEOs and/or Board Members
of the participations. The Executive Board aims to utilize the “collective
IQ
principle” and to speed up and refine the decision taking process.