Institutionally, BSTDB operates based on a set of principles and controls as these are defined in its Corporate Governance policy using best international practices and in compliance with the principles of effective corporate governance relevant for a multilateral financial institution. The approved set of strategies, policies, guidelines, rules, regulations, methodologies and procedures governing essentially all main Bank activities (e.g. organization, financial management, investment policies, appraisal and due diligence, risk management, evaluation, procurement of goods and services, environment, recruitment, staff relations, grievances and appeals, etc), form the core body of internal legislation ensuring corporate governance in line with best practices.

 

Operationally, BSTDB adopts a flexible strategy allowing quick response to changes in economic and market conditions in its countries of operation. The Bank’s business activities are guided by principles such as consistency with its mandate and sound banking practices, fair and rapid consideration of any business proposal, efficiency and flexibility, and focus on clients’ needs