Credit Committee

Credit Committee

The Credit Committee of Myanmar Tourism Bank is constituted in accordance with Section 75(a) of the Financial Institutions Law. The committee consists of the Chairman of the Board of Directors, Vice Chairpersons, selected board members, the Chief Executive Officer, the Chief Financial Officer, and the Chief Credit Officer.

The Credit Committee convenes meetings at least once every two weeks to deliberate and decide on lending-related matters. In making these decisions, the committee follows fundamental lending principles, including loan collectability, bank profitability, and the ability to meet the credit needs of both businesses and consumers. All decisions are subsequently presented at the monthly Board of Directors’ meeting for formal approval.

The Credit Committee is responsible for formulating appropriate lending policies to accommodate various loan types and borrower needs. These policies are submitted to the Board of Directors for ratification. The committee also identifies creditworthy borrowers and facilitates the issuance of loans by approved policies to ensure sound lending practices.