UBRD Gives 1.8m RUR to Charity

UrBC, Yekaterinburg, November 2, 2016. The Ural Bank for Reconstruction & Development (UBRD) directed over 1.8m RUR to charity in the third quarter of the year, the bank’s press service reports.

The money was directed to charity events for children living in orphanages and foster homes and for children with disabilities and Down syndrome. Also, some funds were spent to pay orphanages and boarding schools’ bills and to buy groceries, medicines, school supplies, children’s clothes, school uniform, toys, and board games. The bank has transferred more than 4.6m RUR to its Children Believe in Miracles Fund since the start of the year so far.

Three new establishments located in Novosibirsk and Engels joined the program in the third quarter of the year, so there were forty-four organizations from twenty-eight different Russian cities on the program as of October 1.

‘The bank has been running its Children Believe in Miracles Program since 2008. We work in cooperation with our corporate customers, as one ruble off every single commission we take during a business customer’s transaction goes to the charity fund. All this money is used to provide for the needs of children who have no parents and children with disabilities,’ the bank’s press service says.


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