The Social Charter of Banks

The Social Charter of Banks or the best practice guidelines of the banking sector define the bank as a responsible and sustainability-oriented member of society and economy. Standards referred to in these guidelines shall be observed by all the members of the Association of Commercial Banks of Latviaaccording to the “Observe or Explain” principle (i.e. in the event any example of best practice referred to in the guidelines is not observed, the bank may explain why and how it concerns the activities of the particular bank).

The Social Charter of Banks



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