HypoVereinsbank is launching a series of solidarity measures in the fight against the corona virus. In this way it wants to support the intensive medical equipment of German hospitals as well as the work of charitable organizations in Germany. As part of its Social Impact Banking, the bank is simultaneously financing companies and organizations in socially effective projects.
"In the fight against the coronavirus, we support our private and corporate customers with all our knowledge and individual solutions," said Michael Diederich, Spokesman of the Board of Managing Directors of HypoVereinsbank. "But we also want to do something concrete to help people in the greatest need. Through donations and the voluntary commitment of our colleagues, we support medical personnel and various charitable organizations in Germany that work tirelessly to care for those affected by the coronavirus and those in need".
To support the intensive care medical equipment in Germany, HypoVereinsbank has acquired two ventilators which it is donating to hospitals in rural areas. In addition, the bank supports nationwide active organizations such as
- Evangelisches Hilfswerk
with a total donation of EUR 100,000 for the purchase of respiratory masks, disinfectants and food for the Tafel für Bedürftige (tables for people in need).
All employees are also encouraged by an internal bank appeal to contribute to the above-mentioned organisations. At the same time, employees also have the opportunity to expand their voluntary commitment, in which they volunteered more than 32,000 hours in various HVB programmes in 2019. The above-mentioned organisations thus have a great need for support in administration and logistics services. The Bank supports voluntary work with up to 2 days of special leave.
The customer in focus
In recent days, the Bank has taken numerous measures to protect the health and well-being of its employees and its customers. The aim is to maintain a complete range of products and services for its private customers even in this unusual corona situation. At the same time, the Bank, as a reliable partner for medium-sized corporate customers in Germany, is at the side of its corporate customers with all its financing and structuring expertise. To support its corporate customers, the bank offers tailor-made solutions, including, for example, bridging finance, bridge loans or extended repayment periods. HypoVereinsbank also plays an important role in the corresponding implementation, particularly in view of the measures announced last week by the German government. As a traditionally strong partner of the funding institutions, it supports companies in their individual challenges in connection with the new corona virus.
The health and well-being of its employees and its customers is a top priority for HypoVereinsbank. The bank will continue to actively monitor the situation, always act in everyone’s best interest and do the right thing vis à vis all its stakeholders.
Further information in connection with the coronavirus can be found here:
HypoVereinsbank (UniCredit Bank AG):
Sustainability is a central element of HypoVereinsbank's business strategy and part of the group-wide DNA. HypoVereinsbank combines traditional banking with social responsibility and actively supports the communities in which it operates. It makes the greatest contribution with sustainable financial products. With Social Impact Banking, the bank is committed to a just and inclusive society. The aim is to identify, finance and promote people and companies that have a positive social impact. In addition, it promotes the financial education of socially disadvantaged people, especially young adults, with nationwide training programmes. The voluntary commitment of employees plays a major role in this. In 2019 they volunteered more than 32,000 hours in various HVB programmes. The Bank supports this voluntary work with special leave and donations. In addition, the Bank has a long tradition of promoting art and culture (UniCredit Festival Night, Kunsthalle Munich, art collection, etc.). The Bank aligns its corporate activities to reduce its own ecological footprint with the global sustainability goals of the United Nations (SDGs) and evaluates them using measurable criteria.