For the smooth operation, efficiency and reliability of the Bank
Internal Inspection Unit
Administratively independent unit that reports to the Board of Directors through the Audit Committee and is responsible of conducting inspections, so that an objective, independent and informed outlook can be created on how competent and effective the Internal Inspection System is at company level.
Regulatory Compliance Unit
Administratively independent unit that operates under the supervision of the Internal Inspection Unit as to the competence and effective of regulatory compliance procedures. The Regulatory Compliance Unit adopts and implements procedures and designs the annual regulatory compliance plan, aiming to accomplish timely and constant compliance with the current regulatory framework, ensure full compliance with the regulatory framework of prevention of money laundering from criminal acts through banking operation and fight against terrorism. It informs about its operation and proposes adaptations concerning internal procedures to the Management.
Risk Management Unit
Administratively independent unit that reports to the Board of Directors through the Audit Committee operates under the supervision of the Internal Inspection Unit. The goal of the Risk Management Unit is to effectively provide risk coverage to the credit institution, draws up reports to the Bank of Greece and the Bank’s Management and submits to the relevant accreditation departments an explanatory report of risk management related to credit requests.