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The Bank is recognized as a trusted financial institution inspiring people to Make REAL Change. The Bank is driven by an ambition to create long-term value to our customers, shareholders, employees, and the societies in which we operate. As a part of this, the Bank has a responsible and transparent approach to tax compliance and risk management.
The Bank is committed to act responsibly in relation to its tax affairs. Tax principles has been implemented to the Bank’s management and employees. We put in place procedures to ensure that tax risks are timely identified, mitigated and reported to Chief Executive Committee and Audit Committee and our tax positions are supported by relevant laws, regulations and their interpretations.
The Bank has an open, co-operative and transparent relationship with government and tax authorities to ensure that all relevant information will be timely submitted to the governing authorities and enhancing transparency of our tax affair.
The Bank engages with organizations and parties including trade associations, government entities, non-profit organizations, to drive national policies that are relevant and significant to the growth and success of the Bank. The Bank does not support organizations who drive policies that do not benefit to wider society and nation nor those that are not in line with the Bank’s policies. The Bank is politically neutral, and does not make any donations or contribution to political parties, politicians or political campaigns. Moreover, the Bank will engage with the associations in alignment with the code of conduct. The Bank does not have any lobbying activities.
The Bank places great importance on and is truly committed to sustainable procurement and sourcing as it helps increase efficiency, create transparency and accountability, and build supplier capacity. These are important elements that will enhance the Bank’s capabilities in providing the best services to our customers. We integrate the ESG principles into our responsible procurement management by accounting for social, environmental, and governance dimensions.
The Bank is recognized as a trusted financial institution inspiring people to Make REAL Change. The Bank is driven by an ambition to create long-term value to our customers, shareholders, employees, and the societies in which we operate. As a part of this, the Bank has a responsible and transparent approach to tax compliance and risk management.
The Bank is committed to act responsibly in relation to its tax affairs. Tax principles has been implemented to the Bank’s management and employees. We put in place procedures to ensure that tax risks are timely identified, mitigated and reported to Chief Executive Committee and Audit Committee and our tax positions are supported by relevant laws, regulations and their interpretations.
The Bank has an open, co-operative and transparent relationship with government and tax authorities to ensure that all relevant information will be timely submitted to the governing authorities and enhancing transparency of our tax affair.
The Bank engages with organizations and parties including trade associations, government entities, non-profit organizations, to drive national policies that are relevant and significant to the growth and success of the Bank. The Bank does not support organizations who drive policies that do not benefit to wider society and nation nor those that are not in line with the Bank’s policies. The Bank is politically neutral, and does not make any donations or contribution to political parties, politicians or political campaigns. Moreover, the Bank will engage with the associations in alignment with the code of conduct. The Bank does not have any lobbying activities.
The Bank places great importance on and is truly committed to sustainable procurement and sourcing as it helps increase efficiency, create transparency and accountability, and build supplier capacity. These are important elements that will enhance the Bank’s capabilities in providing the best services to our customers. We integrate the ESG principles into our responsible procurement management by accounting for social, environmental, and governance dimensions.
