General Assembly

General Assembly

The General Assembly of the Bank consists of the following:

• twenty members to be elected from among the provincial council members to represent the special provincial administrations,
• one member to be elected from among mayors to represent each provincial municipality, and
• one member to be appointed to represent each of the ministries of Environment and Urbanization, Interior, and Finance and the Undersecretariat of Treasury.

Duties and powers of the General Assembly:

The General Assembly shall examine the annual report and the Audit Committee's Reports, the balance sheet, and the profit and loss accounts, and make a decision about the acquittal of the Board of Directors and the Auditors and about the withdrawal of the receivables deemed impossible to be collected. Furthermore, the General Assembly shall carry out the duties and exercise the powers specified in the Banking Law and the Turkish Commercial Code. Moreover, the General Assembly shall resolve the amendments to the Articles of Association.