It said that its asset liability committee
(Alco) would meet this week to decide on revising interest rates.
Swetman also serves as Chairman of the Asset Liability Committee
and is a member of the Investment and Trust committees.
Stavrinides said in his letter that after being hired in June 2014 by Clerides as head of strategy, a position advertised by accounting firm PwC, for a 12-month probation period, he participated in the bank's asset liability committee
(ALCO) upon the CEO's recommendation, and in the Executive Committee (EXCO), proposed to the bank by International Monetary Fund (IMF) when it offered technical assistance in governance issues.
A senior bank official said the decision to increase rates was taken by the asset liability committee
, which met late last evening.
As for Caja Yanga, a discussion about Servus CU's governance model and recent experience in starting an Asset Liability Committee
has helped the credit union further develop its enterprise risk management tools.
In our Asset Liability Committee
, I portray the overall economic situation in light of the current developments and I present my outlook based on the future's prospect events that I anticipate.
Union Bank of India said that its asset liability committee
, in its quarterly review of interest rates, has decided to bring down base rate by 10 basis points (100 bps =1%) from 10.75% to 10.65% with immediate effect.
he will now also report to the asset liability committee
, audit committee and the board of directors.
He will be responsible for chairing the bank's Asset Liability Committee
; acting as lead liaison with the bank's regulators; and being an active member of the bank's business strategy group.
Prior to his promotion, Kochvar has served as executive vice president and treasurer for S&T Bank and was chairman of the Asset Liability Committee
(ALCO) at the bank.