Management Approach Management Approach
VTB makes a solid contribution to the social and economic well-being of the regions where it operates, supporting professional and amateur sports, stimulating education and healthcare improvement, and taking care of cultural traditions. VTB invests significant effort in supporting local communities, the sustainable development of the regions, contributes to positive changes in society.
In 2020, VTB took part in over 2,000 charity and sponsorship events, of which 51 were organised by the Bank.
In its sponsorship and charity activities, VTB maintained its previous approach of implementing six large-scale dedicated programmes: A Sporting Country, Patriotism and a Country of Traditions, A Cultured Country, A Healthy Country, An Educated Country and A Country for Business.
VTB also has a subgroup of strategic projects (long-term projects of national significance). In particular, VTB supports the development of Dynamo Club in various areas (hockey, football, rugby, gymnastics, women's basketball, football academy and others).
RESULTS
Sponsorship and Charity Committee
Decisions on expenditures for sponsorship and charity are made by the Sponsorship and Charity Committee, a permanent working collegial body of the Bank.
Moreover, the Committee oversees the designated use of allocated funds and reviews reports on the use of allocated funds.
sessions
solutions
issues
decisions
In order to coordinate and improve charitable activities in the regions of the Russian Federation, the corporate charity fund to support social initiatives and provide targeted aid, VTB Country, was registered in 2020 and became the main operator of regional charity projects, including the World Without Tears programme and aid to medical institutions in fighting the COVID-19 pandemic caused by a coronavirus infection.
projects
regions
million RUB
hospitals
expense
thousand pensioners