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UniCredit Bank published a report on non-financial activities "Striving for excellence: from ideas to actions"

01.04.2014

On April 1, 2014 UniCredit Bank published a report on non-financial activities "Striving for excellence: from ideas to actions". The report is issued as a part of an UN Global Compact international initiative.

New report reveals information about internal and external initiatives of financial institution on corporate social responsibility that were implemented in the period from April 2013 to April 2014. These projects have a wide coverage. They cover charity, environmental initiatives, labor protection, human rights and transparent business. In addition, report on the achieved progress demonstrates the direct commitment of the bank as the Global Compact member organization to the 10 universally accepted principles of the UN agreement.

“UniCredit Bank is adhering to high western standards in its activity and has been the participant of the UN Global Compact for a number of years. This report represents systematization, summarization and determination of the vector for developing corporate social responsibility, - Graziano Cameli, CEO of UniCredit Bank, says. Non-financial report of our bank – is not a tribute to the order of the day or formality. I think that corporate social responsibility is something that distinguishes the companies of future, oriented not only to profit-making but self-development and the development of society in which they operate”.

To remind, UniCredit Bank (PJSC "Ukrsotsbank") joined the Global Compact initiative in November 2006. Today the bank has published four reports of non-financial activities. All reports are available at the UN Global Compact official website and at the official website of the financial institution.

 

NOTE

Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.


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