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ETHICS AT INDIVIDUAL LEVEL
What does individual ethics in banking primarily refer to?
Individual ethics in banking refers to the personal moral principles and values that guide a bank employee's conduct, decisions, and behavior in their professional role.
What is the meaning of 'ethical dilemma' faced by an individual banker?
A situation where two valid ethical principles conflict with each other.
Why is personal integrity considered the cornerstone of ethical banking behavior?
Personal integrity ensures that bankers act honestly and consistently even when unobserved, forming the foundation of trust between the employee, the institution, and its customers.
What does the principle of 'non-maleficence' require from individual bank employees?
Avoiding actions that cause harm to customers or the institution.
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