UKRAINE: INTESA SANPAOLO DONATES €10 MILLION
Intesa Sanpaolo to donate €10 million to local and international organizations
CEO Carlo Messina: “Concrete and immediate help now and for the future”
Donation adds to Group’s initiatives already in place for Ukranian colleagues on the ground
Group to launch crowdfunding campaign on non-profit For Funding platform
Intesa Sanpaolo will donate €10 million to support solidarity and hospitality measures for the Ukrainian people. The Bank’s donation will go to support the work of local and international organizazions, which will be identified soon.
Carlo Messina, CEO of Intesa Sanpaolo, explained the Group’s intervention:
“Intesa Sanpaolo has always been rooted in its communities, among the people of the territories in which it operates. As a leading European banking group and the only Italian bank present in Ukraine, we intend to give a concrete sign of closeness to the Ukrainian people affected by this serious humanitarian emergency.
This initiative builds on those already in place to help our people in our Ukrainian subsidiary Pravex, colleagues who have never stopped supporting the country, opening branches and ensuring banking services under severe circumstances. We remain close to them and their families, and we thank them once again. I also want to thank our people in our subsidiaries in Slovakia, Hungary, Romania and Moldova for what they are doing to welcome and support our Ukrainian colleagues.
The decision adopted together with the Chairman Gian Maria Gros-Pietro aims to provide €10 million to support solidarity and hospitality projects for those affected by this crisis. The increasingly severe humanitarian emergency makes this an urgent initiative, to provide concrete and immediate help now as well as for future developments.
Along side his, we are preparing a fundraising campaign through our non-profit crowdfunding platform For Funding aimed at combining our additional support with the funds that we are able to mobilize to support the people in need”.
About Intesa Sanpaolo
Intesa Sanpaolo is Italy’s leading banking group – serving families, businesses and the real economy – with a significant international presence. Intesa Sanpaolo’s distinctive business model makes it a European leader in Wealth Management, Protection & Advisory, highly focused on digital and fintech. An efficient and resilient Bank, it benefits from its wholly-owned product factories in asset management and insurance. The Group’s strong ESG commitment includes providing €115 billion in impact lending by 2025 to communities and for the green transition, and €500 million in contributions to support people most in need, positioning Intesa Sanpaolo as a world leader in terms of social impact. Intesa Sanpaolo is committed to Net Zero by 2030 for its own emissions and by 2050 for its loan and investment portfolios. An engaged patron of Italian culture, Intesa Sanpaolo has created its own network of museums, the Gallerie d’Italia, to host the bank's artistic heritage and as a venue for prestigious cultural projects.