NBU, EBRD pledge to support war veterans

NBU, EBRD pledge to support war veterans

The National Bank of Ukraine (NBU) and the European Bank for Reconstruction and Development (EBRC) will cooperate to promote the financial inclusion and reintegration of war veterans in Ukraine.

The relevant memorandum was signed on April 9, Ukrinform reports, referring to the NBU’s press service.

“NBU Governor Andriy Pyshnyy and EBRD Managing Director for Financial Institutions Francis Malige signed a Memorandum of Understanding between the NBU and the EBRD (MoU), which outlines cooperation between the institutions to ensure coherence of the financial sector in implementing standards for inclusive activities and services, support and re-socialization of war veterans in Ukraine, as well as promote the Charter on Financial Inclusion and Reintegration of Veterans (Charter),” the report says.

Read also: Ukraine’s international reserves reach $43.76B as of Apr 1

Under the memorandum, the NBU and EBRD will support financial institutions across Ukraine to adopt standards set out in the Charter. The document is designed to make banks more accessible to hundreds of thousands of veterans, both as clients and employees.

The document aims to remove obstacles that may impede veterans’ ability to return to work through the introduction of inclusive HR policies and practices in the financial sector.

It is envisaged, in particular, to ensure safe, i.e. trigger-free and risk-free, workplaces for veterans suffering from post-traumatic stress disorder, improve accessibility of the workplaces and premises to support veteran clients and employees through the use of modified equipment or devices.

As reported, as of April 9, 28 banks have already signed the Charter on Financial Inclusion and Reintegration of Veterans, and more are ready to join. By joining the Charter, the bank confirms the adoption of an inclusive policy and the transformation of its business into one that provides equal access to financial services for all customers without exception.

Photo: NBU

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Extended searchHide extended search
By period: