Disclosure Information Detail

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Issue Code:LA3000010006
Disclosure Organization:Banque Pour Le Commerce Exterieur Lao Public
Disclosure Date:31-07-2019
Disclosure Time:15:56:28
Disclosure Title:Resolutions 3rd Ordinary Meeting of BCEL’s Board of Directors for the year 2019 date: 30/07/2019
Disclosure Type:Timely Disclosure
Disclosure Reason:Resolution of BOD's meeting
Market Classification:Listed Company
Disclosure Detail:

Resolutions 3rd Ordinary Meeting of BCEL’s Board of Directors for the year 2019 date: 30/07/2019


The 3rd Ordinary Meeting of the Board of Directors of Banque pour le Commerce Exterieur Lao Public (BCEL) for the year 2019 (hereinafter referred to as “the Meeting”) was held at 08:30 hrs. on the 30/07/2019, at the Head Office of BCEL. The Meeting was presided over by Dr. Bounleua Sinxayvoravong, Chairman of BCEL’s Board of Directors, with the participation of Board Members and invited participants as named in the participant list attached hereto.


The Meeting discussed and resolved on the significant matters as follows:


1.    Approved the approach to consider the audit review report of the financial report of BCEL for the first 6 months 2019 carried out by the independent auditor (Ernst and Young Lao Company., LTD) which the Board of Directors should consider and approve through letters.
2.    Approved the approach to manage the loan approval process of BCEL’s long-term loan.
3.    Approved important policies on:
-    The management of Nostro-Vostro Accounts of BCEL;
-    The management of Prepaid or Advance-Payable, Accrued Interest Income- Expense, and Off Balance Sheet Accounts of BCEL;
-    The management of corruption risks of BCEL.
4.    Approved 1 loan application under the approval right of the Board of Directors.
5.    Approved 1 promotion at level of Chief of Division.


The Meeting was adjourned at 12:00 hrs of the same day.


                                                                              Chairman of BCEL’s Board of Directors        
                

                                                                                     Dr. Bounleua Sinxayvoravong

 

Other reference:

Attached File(s)

ມະຕິກອງປະຊຸມສະພາບໍລິຫານ ທຄຕລ ສະໄຫມສາມັນຄັ້ງທີ 3 ປະຈໍາປີ 2019, ວັນທີ 30.07.2019.pdf
Resolutions 3rd Ordinary Meeting of BCEL Board of Directors for the year 2019 date 30.07.2019.pdf