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Ubi places the 50th social bond

In two years, over 2,5 million euros have been disbursed as donations to third sector operators, cultural bodies and religious institutions and 19,5 million euros have been allocated for loan ceilings

Ubi places the 50th social bond

Ubi Banca places the 50th social bond and exceeds the 500 million euro raised. The Bank made it known, specifying that "in two years more than 2,5 million euros have been disbursed as donations to third sector operators, cultural bodies and religious institutions and 19,5 million euros have been allocated for funding".

The last title was "Ubi Community for Caritas Delegation of Lombardy", in support of the project "Contamination - Year of Social Volunteering" of the Lombard Caritas, an initiative that offers young people an annual experience of training and commitment in the assistance to disadvantaged or needy people.

“Our way of banking is close to the new needs of a changing society – comments Rossella Leidi, Chief Business Officer of UBI Banca -. A strategy that we also pursue by offering innovative products such as mortgages for fixed-term workers, loans to start-ups, or social bonds that recognize the importance assumed by the Non-Profit and Third Sector in our country".

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