CB Bank believes education can help the country achieve prosperity. Furthermore, CB Bank also support to establish better education opportunities to younger generation for brighter future. Therefore, CB Bank always has been supportive of promoting education for younger generations who hold the future of our country, by means of providing financial assistance.
Apart from providing education loans, CB Bank has supported various regions in Myanmar, which were effected by natural disasters. CB Bank has been helping all the unfortunate victims by providing financial aid toward orphanages and effected schools throughout the decades by rebuilding and reconstructing for better learning environment.
All managerial decisions at CB Bank are made with upmost concern of environmental impacts.
CB Bank is keenly aware of the importance of reducing our direct and indirect impacts on the environment. For instance, we have implemented policies to use double sided printing whenever possible while reducing unnecessary printing as much as possible. CB Bank employees are required to turn off all non-essential power outlets at the end of the work day while limiting the use of power to minimal during operation hours. We deploy our fleets with smart transportation (Routing) system efficiently to keep the consumption of diesel and gasoline as low as possible.
Our movements to reduce environmental impacts are not restricted within the confines of our business area. CB Bank encourages our business partners and customers to adopt the use of electronic banking system. CB Bank is first in Myanmar to pioneer e-saving accounts, launched in 2014, which completely dispensed with the traditional passbooks, resulting in a significant usage of paper.
As of September 2018, we have kick started a project to implement Environmental and Social Governance systems into the business operations. With this, we plan firstly to introduce separate waste bins for recyclable and non-recyclable waste to raise awareness and promote the idea of recycling. We plan to invest and replace water saving appliances throughout our branches. We plan to invest the use of solar power for our ATM machine and branches operation wherever possible. We are also working toward implementation of Sustainable Financing systems and procedures into our loans and financing of our customers.