Principles of corporate social responsibility

In the modern world, a company’s success is closely connected with the social and economic development of the country. With such an understanding, NADRA BANK, as one of the leaders on the Ukrainian financial market, tries to make its contribution to the sustainable development of Ukraine and the happy future of its citizens. The Bank’s mission is to be a reliable and socially responsible assistant in this dynamic and constantly changing world of finances.

An important element of our mission is corporate social responsibility – a value reference both for the management and for every employee of the Bank. Social responsibility of the Bank is reflected in its active and systematic participation in the economic, environmental and social development of society, and in cooperation with stakeholders. To fulfill our mission we strive to set up an effective dialogue with all stakeholders, which makes it easier for the Bank to understand their needs and expectations.

We strictly comply with all effective legislation of Ukraine, and international regulations contained in treaties ratified by our country. This lays the foundation for our business practices. In our view, social responsibility is corporate principles adopted voluntarily, which we intend to use in our everyday activities:

• The principle of openness and transparency.
  We try to present objective and the most complete information to our stakeholders concerning the Bank’s impact exerted on the economy, the public and ecology in the areas where the Bank operates.
• The principle of observing the interests and needs of future generations to ensure sustainable development .
  Within our competences, we strive to prevent some problems arising in the economic, environmental and social spheres, and contribute to their resolution.
• The principle of maintaining a constant dialogue with stakeholders.
  We strive to identify the priority needs and interests of the stakeholders to improve our activities and enhance trust in the Bank in the wider circles of individuals and organizations.
• The principle of reliability.
  We provide only reliable information which can be checked and verified.

We are constantly trying to improve our work regarding social responsibility using the best world practices. Our serious intentions are supported by NADRA BANK joining the UN Global Compact in May 2006, and on January 21, 2008, our company became a member of the Steering Committee of the Global Compact network in Ukraine. Participation in this international initiative helps us exchange experience and practices with leading international companies, and promote principles of social responsibility in Ukraine’s business community.

Last update 29.08.2008