Business news from Ukraine

Raiffeisen Bank has allocated UAH 40 mln for school shelters

1 June , 2023  

Raiffeisen Bank has allocated UAH 40 million for the project “Zahystok: Bezpechna Osvita” (Bezpechna Osvita) launched by the Kyiv School of Economics (KSE Institute) and the KSE Foundation to provide school shelters for 30,000 school children.
“The full-scale war violates one of the main rights of children – to get an education,” the bank’s press service said in a statement on Thursday.
It is pointed out that the Zahystok project was created by the KSE last September and includes activities ranging from physical sheltering in schools to creating innovative educational programs in the robotics, AI and STEM industries.
According to the KSE website, the project has raised $1.4m against a stated goal of $3m. Farmak, FUMB, Dragon Capital, OKKO and Kyivstar are also among the benefactors.
During the project period more than 8 thousand school and pre-school pupils returned to their desks, while the KSE Charitable Foundation increased its goal from 100 to 300 equipped stores across the country and plans to return another 10 thousand schoolchildren to their schools by September 1 this year.
The basic condition for schools to be allowed to return to offline classes is the availability of a shelter that meets KSE’s requirements. The KSE Foundation installs modern shelters in accordance with all sanitary and safety standards.
It is specified that everyone who cares can join the collection. You can make a contribution in your personal Raiffeisen Online cabinet in the section “Payments/Assistance to Ukrainians” or at the KSE Foundation website.
For their part, each school without a secure vault for students may file an online application to set up a vault on the KSE’s website.
Since the beginning of the war the KSE Foundation has raised $50.4 million for various projects.

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