News

On the Center-invest Bank’s website there is an article, named “Sovereign ESG Banking”, which was written by the Chairman of the bank’s Board of Directors, Professor and Doctor of Economics, Vasily Vasilievich Vysokov. The article contains an analysis of the ESG-management concept (Environmental, Social, Governance), which has become popular in the recent years, based on the principles of environmental, social and managerial responsibility.

Center-invest Bank issued its ESG report, prepared in accordance with the GRI (Global Reporting Initiative), and the Sustainable Development Report for 2021, where it disclosed information based on the Interfax methodology.

The board of directors of Center-invest Bank has approved an increase for the “Education and Science of the South Federal District” Endowment Fund up to 207 million rubles. The endowment fund accumulates capital to generate an income that will be used to resolve such socially important issues, like development of education and science in southern Russia.

Center-invest Bank presented the management results for the “Education and Science of the Southern Federal District”, Southern Federal University, and Don State Technical University Endowment Funds. The weighted average return amounted to 9.62%.