banking ethics

Banking ethics involves honest, fair, and responsible behavior by financial institutions and their staff. It means treating customers with integrity, protecting their privacy, and offering transparent information about products and services. Banks should act in their clients' best interests, avoid conflicts of interest, and adhere to legal and regulatory standards. Upholding these ethical principles fosters trust, stability, and confidence in the financial system, ensuring that banking practices support economic growth while safeguarding customers’ rights and resources.