Association of Latvian Commercial banks / Management / General meeting
 
General Meeting of ALCB

According to its Articles, the Association has the following management bodies:

  • General meeting of the Members
  • Council
  • President
  • Auditing Commission

The highest decision-making body of the Association is the Meeting of its Members. It is convoked according to necessity, but at least once a year, or, if demanded by not less than 1/10 of Association members or if demanded by Council, President or Auditing Commission.

Only Association General Meeting has the right:

  • to adopt, amend and supplement Association's Articles;
  • to elect and dismiss Association Council, President of the Association, Auditing Commission and its Chairman;
  • to approve the program of Association activities;
  • to define the amount of admission fees and membership fees;
  • to approve the budget of Association;
  • to approve the reports of the Council, Board and Auditing Commission;
  • to make decisions on termination of Association activities, reorganization or liquidation of the Association;
  • to make decisions on expulsion of Association members;
  • Association General Meeting can also consider any other important matter concerning the Association activities and make decision on it