Our mission:
JSC "FUIB" is a consistent Ukrainian bank that offers modern and reliable banking, cares about its customers and employees, contributes to strengthening the Ukrainian economy, and positively impacts society's development.
Our vision:
- We strive to be the first Ukrainian bank that enjoys the greatest trust of Ukrainians and contributes to the growth of the healthy and efficient economy of Ukraine through a flexible and balanced approach to ESG risks.
- We strive to be a modern and reliable partner in restoring our country and making a significant contribution to the development of future generations of Ukrainians every day.
- We weigh the consequences of our decisions and take a responsible approach to financing credit projects, assessing their possible negative impact on the environment.
On 24 July 2024, the Supervisory Board approved the Environmental and Social Risk Management Policy, which:
- reflects the Bank's position on responsible financing aimed at achieving sustainable development of the Bank and high financial results, as well as environmental and human rights protection.
- introduces environmental and social standards in the Bank that contribute to the improvement of environmental performance, minimize environmental impact, and ensure the health and safety of the population of Ukraine.
Environmental and social risk management is based on the best international practices and the IFC Performance Standards on Environmental and Social Sustainability:
- Assessing and Managing Environmental and Social Risks and Impacts;
- Labor resources and working conditions;
- Pollution prevention and efficient use of resources;
- Community health and safety;
- Land acquisition, land use restrictions, and involuntary resettlement;
- Biodiversity conservation and sustainable management of natural resources;
- Indigenous peoples;
- Cultural heritage;
- Stakeholder engagement and disclosure.
Environmental and social risk management is integrated into the Bank's overall Risk Management System and Internal Control System and operates under the same principles and levels of control.
Our mission:
JSC "FUIB" is a consistent Ukrainian bank that offers modern and reliable banking, cares about its customers and employees, contributes to strengthening the Ukrainian economy, and positively impacts society's development.
Our vision:
- We strive to be the first Ukrainian bank that enjoys the greatest trust of Ukrainians and contributes to the growth of the healthy and efficient economy of Ukraine through a flexible and balanced approach to ESG risks.
- We strive to be a modern and reliable partner in restoring our country and making a significant contribution to the development of future generations of Ukrainians every day.
- We weigh the consequences of our decisions and take a responsible approach to financing credit projects, assessing their possible negative impact on the environment.
On 24 July 2024, the Supervisory Board approved the Environmental and Social Risk Management Policy, which:
- reflects the Bank's position on responsible financing aimed at achieving sustainable development of the Bank and high financial results, as well as environmental and human rights protection.
- introduces environmental and social standards in the Bank that contribute to the improvement of environmental performance, minimize environmental impact, and ensure the health and safety of the population of Ukraine.
Environmental and social risk management is based on the best international practices and the IFC Performance Standards on Environmental and Social Sustainability:
- Assessing and Managing Environmental and Social Risks and Impacts;
- Labour resources and working conditions;
- Pollution prevention and efficient use of resources;
- Community health and safety;
- Land acquisition, land use restrictions and involuntary resettlement;
- Biodiversity conservation and sustainable management of natural resources;
- Indigenous peoples;
- Cultural heritage;
- Stakeholder engagement and disclosure.
Environmental and social risk management is integrated into the Bank's overall Risk Management System and Internal Control System and operates under the same principles and levels of control.
- Financing with the funds of JSC "FUIB"
- Financing under the government program "Affordable loans 5-7-9%"
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Responsible financing at the expense of the Bank means the introduction of environmental and social standards that will help improve environmental and social performance, minimize the Bank's environmental impact, and improve the quality of working conditions and the health of the Bank's employees and society.
FUIB gives priority to ‘green’ financing (financing of projects with a positive environmental effect that contributes to the development of a ‘green’ economy).
FUIB takes into account the urgency of improving the energy efficiency of the Ukrainian economy and achieving energy independence, and the Bank has identified green projects as a priority area for financing:
- alternative energy
- introduction of environmentally friendly transport;
- implementation of energy-efficient technologies;
- conservation of flora and fauna, water and land resources;
- minimizing waste generation, disposal, and recycling;
- adaptation to climate change.
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JSC "FUIB" is a participant of the state support program "Affordable loans 5-7-9%".
Under the program, the state compensates part of the interest rate on the loan, thereby reducing the client's rate under the contract. The program is implemented by the Government of Ukraine at the initiative of the President of Ukraine through the Entrepreneurship Development Fund.Responsible financing at the expense of the World Bank under the state program "Affordable loans 5-7-9%" means the introduction of environmental and social standards of the World Bank and the Entrepreneurship Development Fund, which will help improve environmental and social performance, minimize the Bank's environmental impact, improve the quality of working conditions and health of the Bank's employees and society.
Please note that certain types of activities are not eligible for loans under this program.
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