Anti-Corruption Policy

The Bank has established this anti-corruption policy to indicate a direction and framework for its anti-corruption undertaking in accordance with principles and best practices generally accepted as being relevant to the country’s economic and social environment as well as the financial institution business. This policy was approved by the Board of Directors and will be reviewed annually.

The Bank encourages companies in its financial business group to adopt and implement this anti-corruption policy in a manner that is appropriate to its specific circumstances.

Directors, executives, employees, and relevant parties are required to adhere to and comply with this anti-corruption policy in conducting their business operations.

“Corruption” means any form of bribery, whether in the form of giving, demanding, or agreeing to give, or any action of offering, giving, promising, granting, or committing to give any valuables or benefits to a public official, government agency, private entity, or responsible individual, whether directly or indirectly, to induce favorable actions or to restrain the person or entity from performing their duties or to commit illegitimate actions. Corruption also includes demanding, obtaining, or agreeing to obtain any illegitimate valuables or benefits for oneself or others to induce favorable actions or to restrain the person from performing either legitimate or illegitimate duties.