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The community at large

Nell’anno 2014 Mediolanum prosegue l’impegno di responsabilità sociale di impresa agendo secondo “etica nel fare business”, confermando la centralità che da sempre attribuisce alla “Persona” e dando la garanzia di un comportamento etico di tutti coloro che operano in nome e per conto di Mediolanum.

Per la collettività nel 2014 Mediolanum ha agito tramite Fodnfai Onlus che ha l’obiettivo di sostenere progetti a favore dell’infanzia disagiata e tramite attività di Microcredito a favore di persone considerate “non bancabili”.

 
 


Low-income lending

The Mediolanum Foundation NPO and Banca Mediolanum signed two agreements: one with the San Bernardino Foundation (in 2009) in Lombardy, and one with the Fondazione San Gaudenzio (in 2013) in Novara, Italy. These charities provide help and support to vulnerable individuals and families struggling with debt, with the aim of preventing them turning to loan sharks.

Under the agreement, the Bank will give low-income individuals, and/or people living below the poverty line, access to loans to help them through difficult times and improve their quality of life (or at least maintain it). Both foundations work with the Caritas organizations of the respective dioceses, which rely on local Church Counselling Centres to identify the needs of vulnerable families with children. Volunteers qualified in the financial sector provide assistance to these individuals.

The Bank bears the full credit risk associated with the loans. The Mediolanum Foundation NPO, in line with its mission, gives guidelines to favour the granting of loans to financially vulnerable single mothers. Thanks to the revolving loan funds set up by the Bank, as of 31 December 2014, there were 48 active loans, for a total of € 419.400.