corporate governance

Small and Medium Enterprise Development Bank of Thailand (SME D Bank) is a state enterprise with the main mission of being a financial institution to develop SMEs entrepreneurs, realizing the importance of corporate governance: CG), which is considered the main factor in promoting SME Bank to be a leading financial institution in conducting good corporate governance. Excellent organizational management Integrity in operations transparency and can be checked Create added value for the business in the long term Protect the interests of related parties Stakeholders are an important factor. in driving the mission to achieve the vision of the organization

Policy for SME Development Bank

The Board of Directors and executives have expressed their intention to promote and encourage the adoption of principles and good governance practices to adhere and practices in the Bank to create a corporate culture, develop internal control systems Standardized compliance audits and risk management. as well as promoting fair treatment to stakeholders. And participate in important issues of SME Development Bank and focus on building trust and acceptance from customers. or SMEs entrepreneurs

7 principles of corporate governance

Accountability​

• Responsibility for performing duties

Responsibility

• A sense of duty with competence. and sufficient performance

Equitable Treatment

• Treatment of stakeholders in good faith. and must consider equality

Transparency

• Transparency in operations that can be verified.

• Information is disclosed transparently. Show operating results transparently to all parties involved.

Value Creation

• To create added value to the business, both short-term and long-term, by any change or increase in value, it must be to increase competitiveness in all aspects.

Ethics

• Promoting the development of good corporate governance. and good ethics in doing business

Participation

• Participation It is to promote the distribution of opportunities to the people. To participate in the comments on any action. that may have an impact on the environment, health, quality of life and livelihood of the community or locality

Corporate Governance Policy

>> Corporate Governance Policy

>> Policy on reporting compliance with corporate governance principles to government shareholders

>> Fair market competition policy

>> Shareholders’ rights management policy

Corporate Governance Handbook

>> Handbook and guidelines for  corporate governance

>> Guidelines and guidelines for reporting compliance with corporate governance principles to government shareholders

>> Fair Marketing Guidelines and Guidelines

>> Manual and Guidelines for Managing Shareholders’ Rights

Intent to strengthen culture Integrity, Small and Medium Enterprise Development Bank of Thailand

SME D Bank as a government agency has announced the intention to promote culture Virtuous honesty, SME Development Bank to show its intention to promote culture honesty That we will all manage and operate with honesty, transparency, and be liable when something goes wrong. to build social confidence in the drive of SME Development Bank in accordance with morality and good governance ready to grow sustainably along with entrepreneurial development This is to promote the Bank’s operations with good corporate governance (Good Governance: CG) in a sustainable manner.

SME D Bank, with its managing directors, executives and employees jointly announced to show their intention to promote culture. Morality and honesty as well as accepting policies, measures and work plans in expressing their intention to promote culture honesty as principles and guidelines for employees to adhere to and continue to practice

>> Intent to strengthen culture Integrity, Small and Medium Enterprise Development Bank of Thailand

Ethics and code of conduct of executives and employees of SME Development Bank

>> Ethics and code of conduct of executives and employees of SME Development Bank

Conflict of Interest

SME D Bank has given importance to the consideration of matters that have occurred. or may cause a conflict of interest by providing supervision and prevent transactions that may have conflicts of interest. By setting guidelines to eliminate conflicts of interest with prudence and honesty. In good faith, reasonable under the framework of good ethics as well as complete disclosure of information. to be trusted and trust of customers and all stakeholders

Guidelines

In order to prevent conflicts of interest of bank operators as a concrete practice, the Bank has taken the following actions.

1) The Board of Directors resolved to approve the guidelines for preventing conflicts of interest.

2) Prepare orders SME Development Bank on operational guidelines regarding conflicts of interest (Conflict of Interest)

3) Immediate reporting is required. where there is a conflict of interest and in the absence of a conflict of interest There shall be a regular report at the end of every fiscal year.

4) Uphold the interests of the Bank over personal interests. and no conflicts of interest

5) Review and determine measures to prevent conflicts of interest of each department annually.

6) For Board of Directors and Managing Director There must be a list of assets and liabilities in the form of the National Anti-Corruption Commission (NACC).

7) Let those who act in the procurement process and the committee/sub-committee/working group that the Bank appoints must conduct self-examination (Declare) before performing such duties.

Corporate Governance Master Plan

>> Corporate Governance Master Plan

Operational Risk Management

>> Operational Risk Management