Sberbank - Annual Report 2010 - Charity

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# Charity

Sberbank has been traditionally involved in charity and sponsorship activities, striving to better the lives of Russian citizens and improve the country’s social climate.

This work is arranged by the Commission on Charity and Sponsor Activity, which is headed by the CEO and Chairman of Sberbank’s Management Board.

Sberbank provides financial support to a number of charity foundations, including those focused on cultural activities, restoration of national historic monuments and conservation of the country’s architectural heritage.

The Bank supports public health care programmes by providing donations to public organisations and health care institutions to finance the purchase of expensive medical equipment. Jointly with the children’s charity foundation, the Bank supports charitable actions and programmes that are focused on children with cancer and other complex health needs.

The Bank is committed to continued partnerships with educational institutions, including universities majoring in economics, finance and law.

Targeted donations are directed to non-profit organisations to support and develop sports.

Sberbank traditionally supports child care organisations (orphanages, child and youth centres and children’s art houses).

In 2010, the Bank provided significant finance aid to local communities that had faced losses from disasters involving fires and floods.

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