Resolutions of meetings of the Board shall address the following matters:
1.To examine and approve policies concerning monetary, credit and foreign exchange;
2.To examine the adjustment of the Bank's capital;
3.To approve the operation plans of the Bank;
4.To examine the budget and fiscal reports of the Bank;
5.To examine and approve major by-laws and regulations of the Bank;
6.To examine or approve the establishment, adjustment and dissolution of the Bank's administrative units, branch offices, representative offices and subsidiary institutions;
7.To approve the appointment and the removal of the heads of the Bank's administrative units, branch offices, representative offices and subsidiary institutions;
8.To examine matters proposed by the directors.