In December 2023, FUIB approved the “FUIB’s Sustainable Development Strategy for 5 years”, which is aimed at:
- promoting the comprehensive development of the bank as a sustainable business that is fully aware of its responsibility to all stakeholders;
- complying with the legislation of Ukraine in the field of sustainable development;
- ensuring a unified approach to the management of the environmental and social management system;
- preventing and minimizing negative impact on the environment in terms of responsible consumption;
- ensuring open and transparent communication on sustainable development issues.
In its Strategy, FUIB has consolidated its aspirations to support the UN Sustainable Development Goals by setting 10 main objectives and 31 qualitative indicators for measuring the achievement of these objectives for 2024.
Since 2024, FUIB started to measure the achievement of the goals through regular monitoring of ESG indicators.
FUIB has appointed members of the Management Board responsible for the areas of sustainable development: human rights; labour law/decent work; environment; combating corruption.
2024 was a period of stable improvement in FUIB's financial results. The bank showed growth of about 20% in all key areas. FUIB digitalized all the bank's services and products. The share of customers coming from Digital channels has increased to 75%. FUIB's mobile app is actively used by more than 80% of individual customers. The bank also uses AI to optimize and improve the bank's business processes and services.
FUIB's net profit for 2024 amounted to UAH 3.95 billion, which allowed the bank to become one of the leaders in the country's banking market. The bank's assets grew by 22% in 2024, and the bank's equity increased by almost 28%. FUIB is one of the top 10 Ukrainian banks in terms of assets.
In 2024, FUIB paid taxes and fees to the budget in the amount of UAH 6.9 billion, and became one of the leaders in taxes paid among banks.
In 2024, funding for social initiatives reached over UAH 346 million. The main efforts were made to support employees and customers, defenders, business and the state, help the wounded and promote blood donation, integration of war veterans into civilian life.
FUIB is a systemically important bank of Ukraine, authorized to store cash of the National Bank of Ukraine, a reliable partner for customers, individuals and companies. Even in times of war, the bank fully fulfils its obligations to partners, customers, employees and the state; it supports its stakeholders in difficult times. FUIB maintains a balance of sustainable development of business, team and society.
Strategy for sustainable development 2024-2028
Status of implementation of indicators of the Strategy for sustainable development 2024
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