Our Approach
At Coronation Merchant Bank, we passionately believe that Corporate Social Responsibility embodies our commitment and social impact with all the stakeholders.
Our Approach
Sustainability is firmly embedded in the formation of Coronation Merchant Bank. As a premier financial services provider with an internal obligation to comply with international best practices, our Bank has always ensured that its activities comply with international performance standards as well as applicable national economic, environmental and social regulations.
CSR Approach
Our focus on excellence and sustainability has helped us attract on-lending facilities from international finance institutions very early in our business.
Coronation Merchant Bank continues to build internal capacity in managing the economic, social and environmental aspects of its operations, guided by a comprehensive Project Sustainability Policy. We conduct environmental and social due diligence on major Credit requests, benchmarking against the performance standards of reputable international finance institutions. This process provides a firm foundation upon which we identify new opportunities to grow our businesses and gain competitive advantage in the marketplace. These performance standards also ensure our conduct influences our customers and other stakeholders positively.
As our corporate strategic aspirations grow, we remain proudly African with an international outlook. We are committed to the creation of long-term value for all our stakeholders by measuring not only the impact of our activities on the economies and communities where we operate but also the external environmental outcomes of transactions funded by our Bank. We will partner with our clients, customers, regulators and communities in analyzing our individual and collective economic, environmental and social risks with a view to avoiding or reducing adverse impacts.
Coronation Merchant Bank will continue to be transparent in its conduct and operations; learning and improving on our Sustainability journey. As we set stretch goals for our Bank over the coming years, we pledge to measure our successes through the prism of Sustainability.
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Bala Umaru
Head, Public Sector MBA (In View), PGD in Business Administration, B.Sc. in Geology and Mineral
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