The Code summarises the Values and stipulates the Fundamental principles of conduct on which the operations and actions of the NLB Group are based. Thus, the Code provides directions in our everyday actions and helps us understand what is expected in the NLB Group from each employee and the other stakeholders. In this manner, it also defines what is crucial for fulfilling the long-term development strategy of the NLB Group and its responsible conduct in which we must maintain the confidence of our clients, employees, shareholders and the social environment in which the NLB Group operates.
Therefore, the Code clearly defines the expectations from each employee in the NLB Group and also lays down the standards expected in our relationship with the other stakeholders and instructions and guidance in our everyday work and the operations of the NLB Group.
The NLB Group operates in diverse ethnic and cultural environments from which the employees in the member companies of the NLB Group originate. In the spirit of cultural differences in the countries where the NLB Group operates, we strive for cooperation and exchange of different views and experiences. In the spirit of cultural and other differences in the countries where the NLB Group, we also interpret the values and principles of the desired conduct written in this Code.
The NLB Group Code of Conduct:
- represents the values and fundamental principles of conduct,
- sets out the rules that every employee in the NLB Group must understand and respect,
- defines expectations from each employee in the NLB Group and also reflects the standards that we expect in our relationship to the rest of our stakeholders.
The Code is practical to help us in our daily work. A special chapter is devoted to the leaders at all organizational levels, which have a special responsibility to implement the code in practice within the NLB Group.
The NLB Group pursues its development strategy and updates its codes which regulate the standards of desired conduct in the NLB Group in accordance with its Guidelines and by keeping abreast with the development. Thus, this Code replaces all previously applicable codes that regulated the ethical conduct and corporate compliance at the level of NLB d.d. and the NLB Group: The Corporate Compliance Code of NLB d.d., the Code of Ethical Conduct of Nova Ljubljanska banka d.d. and the Code of Ethical Conduct of the NLB Group.