Our activity is based on the principles of social responsibility – the Bank actively initiates and participates in socially important events as well as supports the development and passing on to future generations of the historical, artistic and literary values. We also facilitate new job creation both by financing the development of companies and continuous development of the Bank.
Basic principles of corporate governance of Baltic International Bank
Gender diversity
Number of women in different operational levels of the Bank:
Non-discrimination policy
The Bank does not discriminate and will not discriminate against people because of their age, disability, ethnicity, gender, race, political opinion, religion or sexual orientation. The Bank adheres to these antidiscrimination principles in all its activities, including when hiring and firing employees, in career planning, wage determination, and selection of volunteers and suppliers.
The Bank as an employer supports equal opportunities and creates a working environment in which each employee feels well, and takes immediate steps to prevent any open discriminatory cases.
Global health policy
Bank implements the health policy, introducing national labour protection laws and regulations. The Bank has developed a work protection procedure and instructions in various areas, for example, providing of first aid, work with office equipment, electrical safety, fire safety, and work with computer. There are instructions for specialists of various areas (for example, technical employees, drivers).
To ensure a safe working environment, the Bank adheres to the principles as follows:
Although mainly work of the Bank takes place in the offices, evaluating the actual situation, several work environmental factors are considered:
Temporary worker ratio
Temporary worker ratio demonstrates structure of the personnel of the company to implement its strategy. It also highlights the business model of the company and employment stability. Banking sphere does not use employment of temporary workers; Bank does not have a large proportion of temporary workers: in 2017, it was 0.7%, in 2018 – 2%.
Injury rate
The Bank takes care of the safety and health of its employees in the Bank’s buildings and at their workplaces. Its objectives are:
Number of injuries in 2017 and 2018 is 0.
Child and forced labor policy
The Bank supports the legal and ethical practice of employment and adheres to the principles as follows:
Human rights
In its activities, the Bank respects human rights in accordance with the Universal Declaration of Human Rights of the United Nations. The Bank focuses on a number of human rights issues:
Board diversity
Diversity of thoughts, beliefs and talents promotes the development of organisation culture securing balanced development for a long-term. It relates both to diversity of various experiences and beliefs, as well as gender. International studies show that women in the top management improves business results of organisations.