Assets and liabilities management

      The main purpose of the Assets and Liabilities Management Committee is effective management of the bank's assets and liabilities and determining a risk-to-return ratio of banking operations that would ensure a sufficient return on capital in keeping with the requirements of shareholders, investors and creditors of the Bank.  

      The Assets and Liabilities Management Committee is responsible for defining, implementing and monitoring the following Bank's assets and liabilities management policies:

• economic capital allocation based on risk-adjusted returns and supporting an adequate level of solvency taking into account balance risks, market risks and other risks
   
• monitoring and managing the bank's assets and liabilities in keeping with the short-, medium- and long-term business plans of the bank
   
• determining the policy and instructions on managing liquidity risk and funds of the bank. Determining the crisis management procedure in the event of a liquidity crisis (a systemic crisis or near-crisis)
   
• managing market risks of the bank, in particular interest rate, currency and price risks
   
• establishing limits on market risks and liquidity risk
   
• controlling Treasury operations
   
• monitoring the implementation results of the six policies listed above and undertaking a number of managerial measures to bring the structure of the bank's balance sheet and off-balance accounts into line with its strategic goals and priorities of the bank's long-term policy.