Fransabank has made the commitment to maintain the highest standards of Corporate Governance and ethics across its Group. The main principles of transparency, accountability, integrity and fairness in the treatment of all stakeholders that the Bank promotes are key to ensure the prosperity of its successful business, to uphold its sustainability, and to create value for the Bank’s stakeholders and the community.

 
Fransabank corporate governance framework is set out in the corporate governance code. The code delineates a corporate governance framework in line with the regulatory requirements and international best practices and sets the grounds for other governance policies, charters and codes such as the rights of shareholders’ policy, policy for managing conflicts of interest, disclosure policy, employees’ handbook, etc. All of these are regularly updated to cope with the evolution of the regulatory framework and to best serve the changing needs of stakeholders.

Fransabank governance structure is designed in a way that facilitates a clearly defined decision-making process and that aims to provide an efficient framework for the assignment of responsibility and accountability.