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Social commitment

As part of its social action strategies in 2020

Bankia is donating 600,000 euros to support 56 social projects on the Balearic Islands

Bankia’s social action strategies focus on job creation for young people, and those over 45, the long-term unemployed, people who are disabled and in danger of social exclusion, as well as on rural and local development and protecting the environment.

Bankia Comunicación

By  Bankia Comunicación

Publish on 
19 August 2020 - 12:00

  • The bank is donating 500,000 euros to the Sa Nostra Foundation to jointly promote initiatives run by associations that carry out social, environmental and entrepreneurial activities on the islands.
  • Through the Red Solidaria programme, bank employees have selected 10 projects in Palma de Mallorca and Manacor to receive up to 50,000 euros of support, depending on the achievement of commercial objectives by the network of branches
  • Bankia is also donating almost 33,000 euros to employment plans run by Cáritas and the Red Cross in Palma de Mallorca and Menorca

This year Bankia is donating 600,000 euros to support a total of 56 social projects on the Balearic Islands thanks to partnership agreements with the Sa Nostra Foundation, the Red Cross and Cáritas. It is also participating in the Red Solidaria internal programme, through which bank employees support initiatives run by social entities by achieving the commercial objectives of the network of branches.

Bankia’s social action strategies on the Balearicislands focus on job creation for young people, and those over 45, the long-term unemployed, people who are disabled and in danger of social exclusion, as well as on rural and local development and protecting the environment.

“In the complicated current situation, caused by Covid-19, Bankia is more committed than ever to those who, at a local level, carry out specific, close and much-needed social projects that help to improve the day-to-day lives of people in situations of vulnerability living on the Balearic islands”, underlined Bankia’s corporate regional director for the Balearic islands, Antoni Serra.

During 2020, Bankia is providing the Sa Nostra Foundation with 500,000 euros of support to jointly promote social, environmental and entrepreneurship programmes run by associations on the islands.

The agreement includes, on the one had, an invitation to apply for “Aid for Social Action Projects in 2020”, which has selected 42 projects that will benefit over 18,300 people. On the other hand it includes a support plan for environmental and natural heritage recovery programmes, as well as a group of projects focusing on education and entrepreneurs. As a novelty this year, a call for environmental projects will be launched this 1 September.

Increased employability

Bankia maintains its collaboration with Cáritas and the Red Cross for another year. The institution is donating almost 33,000 euros to an industrial garment-making training workshop for the immigrant population supported by Cáritas in Palma de Mallorca, and another introduction to ecological farming workshop run by Cáritas in Menorca, as well as a route back to work for the long-term unemployed run on the islands by the Red Cross.

Furthermore, with the Red Solidaria programme, bank employees in the Balearic islands have selected a total of 10 projects in Palma de Mallorca and Manacor to receive up to 50,000 euros of support, depending on the achievement of commercial objectives by the network of branches.

“Red Solidaria is a programme that showcases the pride of belonging to Bankia and due to which the bank’s professionals, thanks to their work, support the groups and associations of their area that they themselves have chosen”, pointed out Serra.

Bankia

Bankia consolidates and reinforces its commitment to society through five priority lines of social action: employment and training, housing, local and rural development, disability and the environment. The bank is focusing its social investment on these areas and shows its commitment to society by involving the entire organisation and its employees. The Responsible Management policy is a capillary, grassroots programme that connects the bank’s welfare work with its corporate objectives. This enables Bankia to prioritise five of the 17 SDGs: Climate action (SDG 13), Decent work and economic growth (SDG 8), Quality education (SDG 4), Sustainable cities and communities (SDG 11) and SDG 17, which encompasses them all, Revitalise the global partnership for sustainable development.

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