Through Social Impact Banking, we are supporting and financing companies and organisations that benefit society in measurable terms and increase the financial skills of the general population.
Social commitment is a long-standing tradition at Bank Austria. We are now using Social Impact Banking to expand this commitment by deploying our proven skills: allocating special loans, sharing our economic and financial expertise, and our employees’ commitment.
The donation platform impactory.org allows you to join in and support the projects sponsored by Bank Austria.
By introducing Social Impact Banking and its 3 pillars, “Impact Financing”, “Microfinance” and “Financial Training”, we are supporting our goal of contributing to a better society.
Our employees’ commitment is crucial to the success of Social Impact Banking. As speakers and mentors, they invest their time and knowledge in assisting companies, organisations and individuals. They increase the awareness of social projects and bring people together so they can exchange their experiences.
Our approach to Social Impact Banking
Social Impact Banking attaches great importance to the ongoing monitoring and measurement of specific results. This means that the projects sponsored are reviewed for sustainable growth.
Since the introduction of Social Impact Banking in Italy in December 2017, loans in the amount of 72.9 million euro have already been issued under this initiative. Furthermore, 25,300 students and 370 UniCredit tutors have participated in the financial training programmes.
After successfully establishing Social Impact Banking in Italy, we are now introducing Social Impact Banking in Austria. This approach promoting positive social change is adjusted to match local needs.
The expansion of Social Impact Banking underlines UniCredit’s strong commitment to offering people, and especially its customers, the best possible opportunities for development.