The Bank's priority is to maintain an environment that prevents ethical misconduct, corruption and/or conflict of interest situations. The Bank has zero tolerance for bribery in any form.
Being aware of the impact of environmental, social and governance risks on its operations, the Bank analyses projects in the context of their ESG risks when making financing decisions.
The Bank does not engage with industries whose activities contravene the Bank's values. Such industries include gambling and arms manufacturing.
Preventing money laundering and financing of terrorism and proliferation is not only a legal requirement, but also our moral duty.
The Bank has zero tolerance for breaches of sanctions regimes. The Bank refuses to engage in any transactions that circumvent the requirements of the applicable UN, EU and LV sanctions regimes and complies with the OFAC sanctions regime.