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Our Corporate Social Responsibility Policy

Our Values

At SBM, it is our firm belief that sustainable growth can only be achieved in partnership with the community in which we operate. Hence, the Group ploughs back 2% of its profits annually in the community through Corporate Social Responsibility (CSR) initiatives. CSR at SBM is the way the Bank integrates social, environmental and economic concerns into its culture and decision making process in a transparent and accountable manner so as to better the lives of stakeholders both within the organisation and in the community at large.

Our Mission

In this respect, we have during financial year 2009 reviewed our Corporate Social Responsibility (CSR) policy, with focus on economic empowerment, education, sports, health and the environment. We are also fostering a culture of volunteering among staff through awareness, opportunities and company support. The introduction of a 2% CSR levy on profitable companies by the Government is a welcome initiative, attuned to our cause of favouring a triple bottom line consisting of People, Planet and Profit.

Our Areas of Intervention

We are convinced that education is a means to empower children and adults alike to become active participants in the transformation of their societies. Education is the essential path to get out of poverty.

Hence, our CSR initiatives are targeted to those who are deprived, and we support projects with an educational and empowerment dimension in various fields.

These can be micro-projects supported at service unit level, or national/regional medium-long term projects.

In accordance with the CSR Guidelines, we do not support any project from individuals and religious or political bodies.

Recognition

SBM has been awarded the 'Overall Winner' of the first edition of the BDO CSR Awards 2010 as well as the Winner of the Education and Sports category.


Call Us : (230) 207 0111 / 202 1603
Email Us
Our CSR Policy| SBM
HOTLINE : 207 0111 / 202 1500 [FROM 08:00 TO 18:00 MONDAY TO FRIDAY]

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