The ACGS is an initiative of the ASEAN Capital Markets Forum (ACMF) and the Asian Development Bank (ADB) that assesses the corporate governance performance of publicly listed companies (PLCs) across the ASEAN region. It covers key areas, including shareholder rights, sustainability and resilience, disclosure and transparency, and board responsibilities, in alignment with the Organization for Economic Cooperation and Development (OECD) Principles of Corporate Governance. Its objective is to elevate governance standards and strengthen the ASEAN’s position as a distinguished asset class by enhancing transparency and accessibility of publicly available disclosures.
Chinabank is committed to maintaining a robust corporate governance framework that supports prudent decision-making, effective oversight, and long-term sustainability. Guided by the principles of fairness, accountability, integrity and transparency, the Bank continuously enhances its governance practices to meet evolving regulatory expectations and international standards. Through its adherence with the ACGS, the Bank steadfastly upholds governance excellence and creates sustainable value for its shareholders and other stakeholders.
As part of its commitment to transparency, the Bank makes available its latest ACGS Compliance report, which outlines the governance practices, policies, and disclosures that demonstrate its alignment with the standards of the ACGS.