Survey Result

ADFIAP-CIPE Project Improving Risk Management & Financial Disclosure Systems

in the Context of Corporate Governance Reforms and International Conventions

Period of Support: July 1, 2007 to June 30, 2008

Participating Institutions1. Agro Bank2. Amanah Ikhtiar Malaysia3. Bank Kerjasama Rakyat Malaysia Bhd4. Bank Keshavarzi (Agricultural Bank of Iran)5. Bank for Investment & Dev’t of Vietnam (BIDV)6. Bank Pembangunan Malaysia Berhad (BPMB)7. Credit Guarantee Corp Malaysia Bhd (CGC)8. Development Bank of the Philippines (DBP)9. Export Finance & Insurance Corp. (EFIC)

10. First Credit & Investment Bank Ltd. (FCIB)11. Fiji National Provident Fund (FNPF)12. Johor Corporation13. Majas Amanah Rakyat14. National Development Bank of Palau (NDBP)15. Perbadanan Nasional Berhad16. Queen City Development Bank17. SME Bank (Malaysia)18. SME Bank Ltd. (Pakistan)19. Tekun Nasional (Malaysia)

1. Has the Board of your institution explicitly state sustainable development as an objective?

2. Has the Board specified risk management as an important requirement for sustainable development?

3) Has the Board issued written policies regarding how it will deal with risks facing the institution?

4) Has the Board mandated your institution’s senior management to comply with the Board’s policies on risk management?

5) Has the Board and management included in its latest financial report to the government and the public the risks faced by the institution and how it is dealing with them?

6) Based on its latest report, is compliance with Basel II specified by the Board as an important risk factor faced by your institution?

7) Has the Board organized a Risk Management Committee (RMC)?

8) Is there a written Charter for the RMC that was formulated by the Board in consultation with management?

9) Is the institution under regulatory supervision?

10) Of this total members, how many have background and skills in Accounting, Banking, and Economics

11) How frequently does the RMC meet? (encircle) Monthly/Quarterly/Annually Other (Please specify)

12) Has your institution adopted the International Accounting Standards as the basis for financial reporting to the owners of your institution and to the public?

13) Is your institution audited by external auditors?

14) Do the external auditors report to the shareholders of your institution?

Thank You