Collegiate and Advisory Bodies

Collegiate and Advisory Bodies “National Bank for Foreign Economic Activity of the Republic of Uzbekistan” JSC

The Committee for Banking Risk Supervision of the “National Bank for Foreign Economic Activity of the Republic of Uzbekistan” JSC was established by the decision of the Supervisory Board and is a collegiate and advisory body, which acts on a regular basis and ensures the effective performance by the Supervisory Board of the Bank of its functions to oversee the Bank's risk management system. The main objective of the Committee is to assist the Supervisory Board of the Bank in organizing a high-quality, effective and modern risk management system in the Bank and its proper functioning.

The Audit Committee of the “National Bank for Foreign Economic Activity of the Republic of Uzbekistan” JSC. The main objective of the Committee is to protect interests of depositors and investors of the Bank by monitoring the reliability of its operations and to minimize banking risks.

The Asset and Liability Management Committee of the “National Bank for Foreign Economic Activity of the Republic of Uzbekistan” JSC was established to coordinate the actions of the divisions of the Bank to ensure the necessary level of balance sheet liquidity, capital adequacy, planned profitability, profit maximization, etc., and is a collegiate body of the Bank.

Credit Committees of the “National Bank for Foreign Economic Activity of the Republic of Uzbekistan” JSC was established to coordinate and regulate the lending activities of the Bank's structural divisions, making decisions on the development of loan products, including factoring, guarantees, letters of credits, leasing operations and on other issues related to lending activities.

The Investment Committee of the “National Bank for Foreign Economic Activity of the Republic of Uzbekistan” JSC is a permanent collegiate body established to coordinate and organize the execution of the decisions of the Supervisory Board and the Management Board adopted in accordance with applicable law and the Investment Policy of the Bank.

The Ethics and Anti-Corruption Committee of the “National Bank for Foreign Economic Activity of the Republic of Uzbekistan” JSC – the Committee, within the limits of its powers, participates in the further improvement of the state policy of the Republic of Uzbekistan in the field of combating corruption and coordinates the high-quality implementation of this policy in the Company, including relevant state programs and international standards.

Strategy and Investment Committee of  the “National Bank for Foreign Economic Activity of the Republic of Uzbekistan” JSC - the main objective of this committee is to work in the interests of the Bank and its shareholders, in particular, to promote the long-term efficiency of the company's activities, as well as to increase its assets, profitability and investment attractiveness.

The Nomination and Remuneration Committee of the “National Bank for Foreign Economic Activity of the Republic of Uzbekistan” JSC - the main task of this committee is to monitor the implementation of decisions of the Supervisory Board of the bank and the Bank on issues of personnel policy and organizational development, as well as internal documents, develop recommendations to the Management Board on candidates for the positions of Head and members of the Management Board of the bank, monitor the implementation of decisions on the payment of wages and compensation.