BOD Meetings and its resolutions:

• Resolutions as of 05-02-2014 :
  The meeting has approved to adopte the following.
  1. To officially fulfill requirements of the increase of paid up capital to $12,000,000.00 by following needed steps.
  2. To start developing the Annual Report 2015.
  3. To start enquiring on hardware and software from various vendors.
• Resolutions as of 09-04-2014 :
  The meeting has approved to adopte the following:
  1. The increase of paid up capital to $12,000,000.00 is complete.
  2. To process the syndicated loan for Booyoung Khmer II Ltd.
  3. To print the Annual Report 2014 before deadline. It is on schedule
  4. Standard checks printing and circulation has been on schedule
  5. To start training on new core banking software.
• Resolutions as of 09-07-2014 :
  The meeting has approved to adopte the following:
  1. The syndicated loan for Booyoung Khmer II Ltd. has been completed.
  2. The Annual Report 2008’s launch was complete and public.
  3. The development of the plan of action for BOD’s composition, role and responsibility and a Corporate Governance Guidelines for the bank will be starting as soon as possible.
  4. A search for another Independent Auditor was approved.