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Good Corporate Governance

A good and rightful corporate governance or Good Corporate Governance (GCG) is one of important benchmarks for Bank Mitraniaga in conducting banking industry business that is increasingly competitive. In order to achieve the vision, mission and strategy, Bank Mitraniaga makes efforts to optimize GCG implementation based on precautionary principle in the conduct of its business, in addition to participate in competitiveness improvement of Bank Mitraniaga, human resources management and a more effective risk which aims to provide protection and increase the confidence of shareholders and other stakeholders such as customers, correspondent banks, regulators, employees, as well as communities within the work environment of the Bank.

The implementation of corporate governance (Good Corporate Governance/GCG) of Bank Mitraniaga refers to PBI No. 8/4/PBI/2006 dated January 30, 2006 regarding the Implementation of Good Corporate Governance For Commercial Banks as amended by PBI 08/14/2006 dated October 5, 2006 regarding Amendments to Regulation No. 8/4/PBI/2006 and BI Circular Letter No. 9/12/DPNP dated May 30, 2007 concerning the Implementation of Good Corporate Governance for Commercial Banks.

Thus, in the framework of implementation of corporate governance, Bank Mitraniaga gives attention to the basic principles of GCG, which are transparency, accountability, responsibility, independency, fairness. These principles are reflected in the implementation of the Bank’s business activities inter alia in the implementation of duties and responsibilities of the Board of Commissioners and Board of Directors, completeness and implementation of Committees Duties, implementation of compliance function, internal and external auditors, risk management implementation, transparency of financial and non-financial condition of Bank.

 

 

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