|
|
A beacon to guide us along the dark path of economic change...
PIA Bank S.A. is an institution born to respond to transition. We are committed to continuous improvement in the banking and securitisation in changing times. We exist to meet the increasing demands of our clients, central banks, governments and multinational companies in their aspirations for excellence in new markets through professional innovation in treasury notes, corporate notes and new securities. Our success depends on excellent performance and professionalism based upon experience in an area of banking where no courses are offered. A longterm overview of the immediate problem of contracting for water sales between nations or creating energy bonds guaranteeing energy at a stable price and serving as bank reserves is the ultimate measure of that success.
Transparency and dialogue with major regulatory agencies providing direction and guidance are of crucial importance in all our relationships if we are to maintain our reputation as a respectable and reliable institution. Articulating what we stand for in this community unites us as a group.
This unity lies in our Corporate Values: Integrity, Respect, Teamwork and Professionalism. They are key in fulfilling our mission and objectives. By defining our Business Principles we have taken these important values one step further in order to clarify what they mean in the relationships with key economic shifts like the introduction of the Euro, the reform of the British banking system and a global concern for clearly articulated corporate governance.
The Business Principles are an important step on a continuous journey of maintaining and strengthening our performance and reputation in a dynamic context. However, they are not a clearly defined code, but a beacon guiding us in our self image in an economic mirror where everyone sees darkly.. By listening to each other and engaging with the external regulatory bodies within the framework of our strategic objectives, these principles will gain meaning in daily practice.
PIA Bank S.A. is an organisation whose existence responds to a perceived need and a call to duty out of which the great institutions of our civilization have emerged. All of us, who take on many challenges every day, make the organisation a success. Living our Values and Business Principles is key in building an organisation of which we can be proud.
By emphasising our Values, articulating our Business Principles and stimulating dialogue and transparency, we will contribute to sustainable and mutually beneficial relationships with our clients and their clients in the global economy.
Dr. Paul Samuel di Virgilio
Chairman of the Board of Governors and Trustees
