Alfa-Bank Ukraine became participant of the UN Global Compact

News 25 november 2019 - 09:00

By joining the UN Global Network, Alfa-Bank Ukraine demonstrates its responsibility and transparency of its operations, conducting business in accordance with the fundamental values and principles of the UN Global Compact in the field of human rights, labor relations, the environment and the fight against corruption, and promoting the Sustainable Development Goals.

“We are pleased to welcome one of the major Ukrainian banks to join the UN Global Compact. We are confident that our fruitful cooperation will contribute to solving the global challenges that world is facing today,” – said Tatiana Sakharuk, Chairman of the Board of the UN Global Compact Local Network in Ukraine.

“The principles of the UN Global Compact are completely in line with our vision of a responsible company. Alfa-Bank Ukraine is already moving towards ensuring sustainable development of the society, and joining a reputable UN initiative is natural and significant step for us along this way,” – commented Viktoria Mikhalyo, Chairman of the Board of the Alfa-Bank Ukraine.

Being involved in the Global Compact will allow the bank to share experience with international and local companies and institutions to implement best practices in customer service, improve financial literacy of the population to improve its well-being, ensure decent working conditions and promote Ukraine's economic growth.

United Nations Global Compact with more than 9,500 companies and 3,000 non-business signatories based in over 160 countries, and 70 Local Networks, it is the world's largest corporate sustainability initiative.

The UN Global Compact Network in Ukraine is the official representative of the UN Global Compact network – a UN initiative that brings together UN and companies around the world, broadcasts the Sustainable Development Goals, and is a dialogue platform for business, investors, civil society, labor organizations, local authorities and the government.

Alfa-Bank Ukraine is a large Ukrainian bank with the international capital, being a part of the Luxembourg-based private investment holding company ABH Holdings S.A. According to the National Bank of Ukraine classification, Alfa-Bank Ukraine falls within the category of foreign banking groups, is a systemically important bank and is ranked among the top 10 financial institutions of the country in terms of assets. The Bank holds leading positions in all key segments of the banking market and is one of the most stable and reliable banks in Ukraine.