Support for children suffering from cancer is a priority goal of VAB Bank’s charity strategy actively promoted by both leaders and employees of the Bank. Working hand in hand with charity organisations they offer assistance to patients of children’s cancer wards in hospitals across Ukraine. Purchase of four new infusion pumps for cancer units for children in Nikolaev, Odessa, Kharkov and Dnepropetrovsk on the New Year’s eve has been yet another corporate volunteer act by VAB personnel.
Furthermore, throughout 2009, Bank employees have been able to collect enough funds to supply Kiev Oblast Cancer Dispensary with an Axiostar Plus microscope. In addition, Bank representatives provided cancer units with all necessary for art therapy classes and, what’s more, ran such classes personally on a regular basis at children’s cancer clinics in Kiev, Lviv and Ivano-Frankivsk jointly with volunteers of International Charity Foundation Gift of Hope, as well as with representatives of local charity organisations.
According to Mr Yevgueni Rybakov, director of ICF Gift of Hope, children’s treatment programme is highly intensive and in many cases takes round the clock infusion of liquids by different systems and at certain rates. Therefore, purchase of infusion pumps for four cancer wards was an excellent gift to little patients as much as to their parents and medical staff.
VAB Bank chairman Mr Peter Baron emphasised that helping children suffering from cancer had been for the Bank personnel and managers something more than a pose: this initiative had become part of their everyday activity. “We appreciate that real business is about not only being able to earn; it is also about sharing the earnings. Importantly, purchase and donation of equipment – four infusion pumps in this case, – articles for creative lessons at cancer units, blood donation and participation in art therapy sessions takes our continuing involvement. In the future – particularly amid today’s hurdles in the country and worldwide – we will be maximising our role in saving lives of the children,” Mr Baron said.
Reference data
Vseukrainsky Aksionerny Bank (VAB Bank) has been operating in the Ukrainian financial market since 1992 and belongs to the group large banks in Ukraine according to NBU. In October 2006, VAB Bank became a member of VAB Group. Branch network consists of 150 outlets throughout Ukraine and a representative office in Budapest (Hungary). A large international company, TBIF Financial Services (Amsterdam, the Netherlands), is among the bank’s shareholders. Total assets of VAB Bank amounted to UAH 6.9 billion as of 1 July 2009, total capital — UAH 1,031 million.
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