In an attempt to further strengthen its corporate governance standards and enhance transparency and disclosure in its financial reports, the Bank is complying with one of the strongest global standards of transparency in financial reporting, namely the International Financial Reporting Standards (IFRS) as certified by the International Accounting Standards Board.
The Board directs the process of disclosure and communication with stakeholders to ensure that they are fair, transparent, comprehensive and timely. These disclosures include the Bank’s profile, vision and mission statements, strategy and objectives as well as its financial statements.
The appropriate financial and practical information is disclosed through our main shareholders, annual report, website, brochures, newsletter and regular announcements in the appropriate media.
