News

"ESG banking: made in Russia" is the first published in Russia scientific and practical manual on the bank’s work based on the ESG principles. The author is Vasily Vysokov, Doctor of Economics, Professor, Chairman of the Board of Directors of Center-Invest Bank.

Center-invest Bank has installed solar panels on the roof of its head office. The electricity generated will be used to power the bank’s exterior night lighting and also to increase the number of terminals in the bank’s self-service zone.

Center-invest Bank has won the category Best Bank in Central and Eastern Europe for corporate responsibility in the Euromoney Awards for Excellence 2020. The Bank was selected for its transparent reporting in accordance with Russian and international standards, environmental and social responsibility, and successful localization of the ESG banking business model.

Center-invest Bank has published an Environmental Report for 2019, disclosing information about how it has used the funds raised from Russia’s first issue of green bank bonds.

On 9 July 2020 the Analytical Credit Rating Agency (ACRA) upheld Center-invest Bank’s A(RU) national scale rating, outlook stable.

Center-invest Bank ranks 24^th in the Media Rating of Russian Banks produced by the Brobank.ru service. The rating is based on the frequency of mentions of the company in the information field, and the frequency of searches using Yandex and Google, in the first half of 2020.

Aleksandr Dolganov, Deputy Chairman of Center-invest Bank’s Executive Board, has joined the Russian State Duma working group responsible for the legislative and regulatory framework to support the creation of a standardisation and verification system for green financial instruments.

Measures taken by Center-invest Bank in response to COVID-19 have been highlighted as examples of best practice among signatories to the Principles of Responsible Banking of the United Nations Environment Programme Finance Initiative (UNEP FI).