Your Foreign Trade Partner



          The following Identified Staff hold the key positions in Aresbank´s risk profile:

-    Board of Directors                (7 Directors)

-    General Management           (General Manager and Deputy General Manager)

-    Manager of Commercial Department

-    Manager of Operations Department

-    Manager of Legal Department

-    Manager of Internal Audit Department

-    Manager of the Department of Global Risk Control (CRO)

-    Manager of Accounting Department

-    Manager of Information Technology Department

-    Manager of Administration and Human Resources Department

-    Manager of Anti-Money Laundering and Terrorism Financing, Data Protection, and Client Services Department



The Salary Policy establishes the measures for adjusting the remuneration.  It is subjected to an annual performance appraisal, where employees are assessed on the performance of their activities –which are duly established for each financial year–   as well as on the annual personal targets established for each employee.

Aresbank’s Salary Policy does not apply remuneration criteria that take into account the present and future risks because its principal activity developed is connected with foreign trade.

The body responsible of monitoring the remuneration is a committee belonging to the Board of Directors “The Nominations and Remuneration Committee”. The remuneration of the members of this committee is presented in the  BOARD OF DIRECTORS REMUNERATION  section.

Aresbank´s main activities, namely foreign trade, are in one category: “commercial banking”. As such no breakdown of the remuneration per category is provided.

Aresbank’s Shareholder meeting has not approved any variable compensation exceeding 100% of the fixed remuneration.