Asset Liability Committee (ALCO) is established to assist and supervise the ALM (Asset Liability Management) unit. It has the central purpose of attaining goals defined by the short- and long-term strategic plans- • To ensure adequate liquidity while managing the bank's spread between the interest income and interest expense • To approve a contingency plan • To review and approve the liquidity and funds management policy at least annually
Result of the test is expected to be out sometimes next month
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