The Board, Management, employees and shareholders believe that good corporate governance is a necessary component of what constitutes sound strategic business management and shall therefore undertake greater effort necessary to create more and continuing awareness within the organization as soon as possible. The bank adheres to the following basic principles of good governance:
- Transparency - the availability of information through expansion of public disclosure requirements
- Accountability - involves providing adequate incentives and instilling in the business environment the discipline to act in the best interest of the Bank
- Fairness - equity implies that the rights of all concerned parties are protected. Directors should not only promote the interest of the stockholders but also that of other stakeholders such as depositors, investors, borrowers, and the banking public in general
- Integrity - Bank’s strict adherence to a moral code, reflected in transparent honesty and complete harmony in what one thinks, says and does
