We take immense pride in being one of the signatories of the UN Global Compact (UNGC), the world's largest initiative designed to steer corporations towards practices fostering a sustainable and inclusive future. As active participants in the UNGC, we regularly provide updates on our progress concerning the implementation of the UNGC's Ten Principles and the activities we undertake in line with them.
Ayeyarwady Bank Public Company Limited (AYA Bank PCL), as Myanmar's one of the largest bank by customer deposits, loans and advances, capital, branches, and customer count, marches steadfastly towards a sustainable future. The integration of sustainability into our core business practices presents a significant challenge; however, with our principle-based approach, we believe that overcoming these hurdles is well within our reach.
As a signatory of the UNGC, we strive to align our operations with fundamental responsibilities in areas such as human rights, labor relations, environmental protection, and anti-corruption measures. By integrating the UNGC's Ten Principles into our strategic approach, policies, and procedures, and by cultivating a culture of integrity, we are not only upholding our fundamental duties towards the people and planet but also laying the groundwork for long-term success. We are dedicated to continuously improving our efforts to minimize any adverse environmental impacts on the communities we serve.
Through multiple initiatives, AYA Bank has been tirelessly working towards enhancing internal governance standards and building credibility and brand value. We remain dedicated to developing a comprehensive corporate social responsibility framework within our business model and ensuring compliance with all UNGC principles aligned with best current practices.
We would like to share a summary of our progress in adhering to the Ten Principles. We further pledge to communicate this information to our stakeholders via our various communication platforms.
AYA Bank has formulated the Code of Ethical Conduct and an Employee Handbook, providing clear guidelines to all employees and offering a standard communication framework for all stakeholders.
AYA Bank is proud to be an "Employer of Choice" with over 6000 employees as of 31st May 2023. We recognize our human capital as the driving force behind our growth to 265 branches within 12 years.
AYA Bank places a high emphasis on environmental sustainability, incorporating environmentally oriented thinking into our banking operations, lending, products, services, and community activities.
Under the Myanmar Anti-Corruption Law 2013, AYA Bank has a stringent Anti-Corruption Policy, taking strict measures against corruption and ensuring transparency in all business activities.
Last Updated – June 2023
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