Throughout its long history, National Bank of Greece has been at the forefront of Greek social and cultural life. Today, its socio-cultural role has been extended to embrace communities and cultures of other countries also.

Thus, Banca Romanească is involved in supporting some social responsibility projects with impact on local community.

The purpose of CSR Action

The Bank and its subsidiaries have high standards of corporate responsibility by preserving and promoting universal human values as well as the social, intellectual and cultural value systems of the communities. The Bank is preoccupied that its CRS actions remain aligned to the long-term interests of its shareholders.

NBG Group Values

  • Respect for Human Rights
    The Bank and its subsidiaries fully comply with decisions that forbid cooperation with countries, businesses or persons supporting violence and terrorism.
  • Respect for the environment
    The Bank and its subsidiaries believe that environmental responsibility, through the adoption and implementation of specific environmental policies, constitutes an integral part of good corporate conduct.
  • Social contribution
    The Bank and its subsidiaries seek to contribute to social cohesion and advancement in their respective countries of operation and support efforts to address global social and development issues.
  • Contribution to Art, Culture and Education
    The Bank and its subsidiaries endeavour to enhance and promote cultural values and actions in the realms of art, culture and education in each country of operation.
  • Independence
    All the CSR Action of the Bank and its subsidiaries is undertaken independently of any individual customer, shareholder or other related party interest. The Bank and its subsidiaries do not provide direct or indirect contribution or funding to political parties.

CSR Action Areas

The corporate social responsibility actions in which Banca Romaneasca wants to get involved locally are the following:

The community

The Bank and its subsidiaries seek to extend support to social solidarity programmes, to the work of widely respected bodies and organizations addressing social issues, and to vulnerable social groups and individuals.
Their contribution may be translated into sponsorships for awards, scholarships, research, publication of various works, books and special editions, support of scientific work, particularly conferences, covering the full range of the sciences. Their support and assistance may be extended also to various organizations promoting environmental protection and sustainable development, which reflects the commitment to contributing to an environmentally sustainable future for all. There may also be supported the knowledge and research needs, offering books to the libraries of various Universities, Technological Institutes and other social organizations, and IT equipment owned by the bank to educational and social foundations.
At the same time, there may also be supported various national and international athletic events, such as the organization of meetings and sports federations, as well as individual athletes for their preparation and participation in international championships and Olympic Games.

Culture

The Bank and its subsidiaries support music and the visual and performing arts through contributions to various cultural activities and events, and sponsorships for encouraging and promoting historical and cultural awareness and continuity, the preservation and restoration of monuments, archaeological excavations and publications of cultural and historical interest.

The Environment

The Bank and its subsidiaries consistently implement NBG's policy for environmental protection and sustainable development, with a view to contributing to the staff's and, in turn, shareholders' and customers' awareness of environmental issues. It also provides for compliance with the relevant environmental legislation and integrates environmental protection standards into its business, setting targets on the basis of appropriate criteria and assessing the direct and indirect impact of its activities on the environment.
The bank focuses on the conservation of natural resources, the effective management of paper, the adoption of environmental standards in procurements and the implementation of a policy for the analysis and assessment of environmental risks in the processing of financing.