XacBank is committed to the highest standards of ethical behavior to ensure lawful business conduct and an ethical culture led by its shareholders, directors and management team, and followed by all employees.
The bank’s Code of Conduct & Conflict of Interest policy affirms its commitment to promoting lawful conduct, ethical behavior and best-in-class corporate governance.
Our ethical standards are based on the principles of honesty, integrity, fairness and transparency.
These standards apply to our relationships with all stakeholders, including investors, shareholders, employees, customers, business partners, the government, society and the broader community.
CONFLICT OF INTEREST AND CUSTOMER PROTECTION
Xacbank’s Directors and employees avoid any situation and activity where an actual or perceived conflict of interest could be construed to arise or which can be conceived to interfere with their ability to make impartial and unfettered decisions and act in the best interests of the bank.
Directors and employees must make known any conflict of interest or any affiliation with an actual or potential supplier of goods and services, recipient of funds or any other circumstances that might involve competing or conflicting objectives between their personal interests and the interests of the bank.
It is XacBank's policy to ensure that current or former employees, contractors, clients and the general public are supported and protected in their reporting of any immoral, unethical, harmful or fraudulent activity. Our Whistleblower Policy ensures the protection of whistleblowers and all reports made under this Policy are treated in the strictest confidence. Please refer to the Whistleblowing Policy Statement HERE. Whistleblowers may also anonymously submit reports through the complaints feedback form HERE.
