UBI BANCA Social Bonds: a new instrument to support growth in the ...

The introduction of Social Bonds in Italy forms part of a programme to support the third
sector which UBI Banca launched in the last quarter of 2011. This saw the creation of a
platform of services and tools dedicated to non-profit organisations and religious institutions named
“UBI Community”, an innovative service model designed to identify a commercial approach to the
sector, which is structured, amongst other things, in terms of banking and credit support for the
management of daily activities and also for projects and investments.
Due to the diversification of social needs (services supplementary and complementary to those
delivered by public sector welfare), the shortage of public sector funds and, as a consequence of
the economic crisis, also of private sector funds, today the involvement of banks and, more
generally, of civil society is of fundamental importance. UBI Banca has always recognised the
economic and social importance of non-profit organisations in the Italian system because of
its capacity to generate social value for the community; with these Social Bonds UBI Banca
invites its customers to do likewise, by making a concrete contribution.
The bonds involved in this initiative, which will be issued by the Parent and by the Network Banks,
consist of five different classes: “zero coupon”, “fixed rate”, “fixed rate step up/step down”,
“floating rate” and “mixed rate”, the characteristics of which will be given in the terms and
conditions for each bond issue.
UBI Community
This is an innovative service model dedicated to the third sector, designed to identify a commercial approach
to these organisations, which is structured, amongst other things, in terms of banking and credit support for
the management of daily activities and also for projects and investments. With “UBI Community” the Banks in
the Group are adding to a range of services designed for simplified banking operations - that are secure and
economical -, diversified credit solutions to provide advances on contributions and income, together with a
range of flexible and customisable loans to launch or accelerate economically sustainable growth and social
innovation.
For further information:
UBI Banca
Simone Zavatarelli – Media Relations – Tel +39 030 2433591 – Mobile +39 335 8268310
D’Antona&Partners
Marco Fusco – Tel +39 02 8545701– Mobile +39 345 6538145 – m.fusco@dandp.it