Bribery & Corruption

Bribery is understood by the Bank as an offer, promise, give, or authorize others to give or, agree anyone else to offer, promise, give, or authorize others to give Anything of Value directly or indirectly, to any party to improperly obtain or retain business or to influence any Public Official, or otherwise gain an unfair business advantage.

Anything of value includes any benefit that may be offered, given, or received that provides any advantage—regardless of how big or small—to an individual or entity.

Corruption is understood as the abuse of entrusted power for private gain.