Home page
 

| Search     
 

 
Social Responsibility    Community

A  A  A  |    Vote   |       |  Feed rss UBIbanca  |  

 
Last update on 21/07/2017 13:48:57

         
 

 

TOOLBOX

CalendarContacts
CommunicationBudgets
PresentationArchive
RSSAlert

 

Community

Direct contributions

The UBI Banca Group pays great attention not only to local economic development, but also to promoting social and cultural activities through its support to a huge number of Church and other nonprofit organisations in the community with donations and sponsorships. An approach that expresses in actions taken for which the articles of association of UBI Banca and the various Group banks require the allocation of a share of the distributable profits (the maximum percentage allocated varies, where specified, between 1% and 4%).


 

Interventions are made by: 

  • UBI Banca through the budget for sponsorships and funds for charitable donations available to the Supervisory Board and to the Macro Geographical Areas (MGAs);

  • the Foundations, which have been formed over the years to promote social and cultural development in their local communities, are totally independent in their decision-making, although this must be in compliance with the areas of intervention defined in their respective constitutions, and they are not subject to powers of management, co-ordination and control by UBI Banca: Banca Popolare di Bergamo Onlus Foundation, Banca Popolare Commercio e Industria Onlus Foundation, CAB Foundation - Giovanni Folonari Cultural Institute, Banca San Paolo di Brescia Foundation, Unione di Banche Italiane per Varese Onlus Foundation, Banca Popolare di Vigevano Foundation.


The criteria employed to select intervention are set out in the "Annual intervention plan" approved by the Supervisory Board.

The Foundations operate autonomously in their own local areas responding as the occasion arises to needs in the community through direct contact with social organisations.


 

DIRECT CONTRIBUTIONS FOR 

SOCIAL INITIATIVES (million euro)

 

2016

 

2015

 

2014



Donations for social initiatives

13.9   

14.9   

11.0   



of which: from Social Bonds and SICAVs

0.69    

0.53 

0.89 


 

Financial education

Teaching proficient economic and financial expertise helps to create citizens who are knowledgeable in their choice of banking financial products and services and also the growth of democracy, legality and the competitiveness of local businesses and of the Bank itself.


International solidarity
 
Campaigns UBI Banca - CESVI