• About CB Bank
  • Policy



HumanRight Policy banner
Purpose

The purpose of this policy is to establish controls to ensure compliance with all applicable human right regulations.

Our Policy

Human rights are basic rights for individuals. They form the foundations for freedom, justice and peace. They apply equally and universally in all countries, irrespective of the legal framework. Human rights are rights inherent to all human beings, regardless of gender, nationality, place of residency, sex, ethnicity, religion, colour or and other categorization. Thus, human rights are non-discriminatory, meaning that all human beings are entitled to them and cannot be excluded from them.

CB Bank is committed to treating every employee with respect and dignity and protecting their human rights. The bank

  • offers equal employment opportunity to all,
  • does not tolerate discrimination or harassment,
  • acknowledges and supports the rights of each employee and value an open dialogue with them,
  • provides a safe and healthy work environment for all employees, and
  • supports diversity and inclusion

CB Bank abides by labour laws and regulations including those that address child labour, forced labour, equal pay and non-discrimination in the workforce. Besides following the existing laws and regulations by the Government of Myanmar, CB Bank will respect and support the United Nations, Universal Declaration of Human Rights, together with the International Labour Organisation (ILO) Fundamental Conventions, covering freedom of association, the abolition of forced labour, equality and the elimination of child labour.

Scope

This Policy is applicable to CB Bank and all its employees, directors and members of the administrative bodies. All such persons must become aware and comply with the Policy. This policy provides guidelines for handling situations involving human right violation. Its purpose is to ensure all CB Bank’s employees understand and comply with all applicable laws and CB Bank’s policy against human rights violation. Compliance with this policy is mandatory. Failure to do so may result in disciplinary action up to termination of employment with CB Bank.

Customers and Clients

CB Bank has placed policies to prevent the illegal use of the products and services provided, including abuse that may result in human rights violations. These policies include a rigorous customer due diligence process as well as compliance with related rules and regulations. CB Bank strives to work with vendors whose policies and practices regarding human rights are consistent with its own. CB Bank sets out clear expectations for the vendors in their management of human rights and other key areas in the bank’s Vendor Code of Conduct.

Training

Training on this code forms part of the orientation process for all new employees. All existing employees will also receive relevant training on the details of this code and will be asked to formally accept conformance to this code.


Ref: Barclays, Bank of America