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Learn MoreThe Credit Committee comprises two non-executive Directors with a good knowledge of the Malawi economy and business environment. Its overall responsibility is to ensure the soundness of the Bank’s credit portfolio and credit transactions are executed in accordance with prudent banking practices in line with the regulators guidelines. Specific responsibilities among others include:
Reviewing other focus areas pertaining to the agreement and monitoring of corrective actions as applicable, regarding:
The Chief Executive Officer, the Risk Head the General Manager for the Corporate function attends all Credit Committee meetings in a non-voting capacity. The Credit Committee meets regularly, usually once a quarter.