sustainable development: role of the russian business - UNDP Russia

| SECTION 1. HUMAN RIGHTS |In 2010 and 2011, the Bank was a partner of Youth InnovationForum ‘Seliger’, where a system for supporting small businesses waspresented. According to results of the Forum, the winners of the bestbusiness project exhibition were awarded with certificates for educationat MIRBIS business school.Together with the Association of Young Businessmen, the contest‘Best Businessman of Russia 2011’ was organized in 8 regions of theRussian Federation.The Bank implements a number of programmes in cooperationwith regional small business support funds. Specifically, the Bank haslaunched and successfully implements joint projects with small businesssupport funds of the Republic of Bashkortostan and Republicof Karelia, Altai Territory, Arkhangelsk, Bryansk, Kemerovo, Lipetsk,Perm, Ryazan, Tomsk, Nizhny Novgorod, and Sverdlovsk Regions, andKhanty-Mansiysk Autonomous District, etc.RESULTS10000Number of participants in events10000Participation in the State Programme of Financial Support forSmall and Medium BusinessesIn 2011, a new RUB 1,225 million loan agreement was signed withSME Bank to extend loans to clients at the interest rate of 11.75% perannum.In 2012, the agreements with SME Bank amounted to RUB 1.25 bn.In 2012, URALSIB received funds under the Programme ‘Financingfor Innovation and Modernization – 2012’ for sales of products of ‘FIM-Tselevoy’, ‘MFO-Bank’, and ‘Regional Growth’.Number of businessmen awarded in the following nominations‘Socially Responsible Businessman’Certificates for education at MIRBIS:2010 – 10 certificates.2011 – 15 certificates.‘URALSIB/Moneybox’ bank cards with RUB 100,000 credited to the account:2012 – 7 businessmen.Number of initiated SME publicationsOver 300 publications in federal and regional mass media (printed,electronic, TV, and radio).URALSIB BankSTRATEGIC PRIORITIES OF THE PROGRAM“OPEN IDEAS FOR SMALL BUSINESS”Securing high standard of living in theregions of the Russian FederationImproving the efficiency of small businessesAvailability of information, financial andadministrative resourcesStrategicpartnershipGovernment institutionsThe programme secures a higher standardof living due to a higher share of small andmedium businesses, development of localbusiness communities, creation of new jobs,and improved financial skills.800060006050Bank’s BrandAccording to COMCON researches, the Bank was among Top-3 sociallyresponsible banks.Small businessesу40002000028802010 2011 2012Sales of Small Business ProductsAnnual increase of the small and medium business loan portfolio– 23%.Annual increase of settlement accounts opened by small businesses– 27%.Youth EmploymentThe number of employed financial advisers from among studentsof higher educational institutions and youth exceeds 1,000 per year.Actually, in 2011, 70 graduates from among students participating inthe programme were employed by the Bank.Local Community DevelopmentThe Bank developed a system of informational and organizationalcommunication with small businesses at the level of local regionalcommunities in 57 Russian regions.Social and Economic ImpactThe key change that the programme aims to achieve is improvingliving standard of people in localities where the business operates.That is to be achieved through increasing the share of small andmedium businesses, development of local business communities,creation of new jobs, growing incomes of people, and improved financialskills of businessmen and the community.Non-profit organizationsAcademic institutions andpartner banksCOMPANY OVERVIEWURALSIB Bank is a major federal level universal bank that offers a wide range of financial services for privateand corporate clients. Key business areas of the Bank include retail, corporate and investment banking.URALSIB has been a participant of the UN Global Compact since 2010. According to Profile magazine, theBank is the 14th among Russian banks in terms of assets and equity and the 8th in terms of deposits as ofJune 1, 2012.1819