”la Caixa” Foundation Seals Alliance with ERSTE Foundation

The agreement will enable the organisation’s social and cultural action to spread to regions where it has established financial alliances.

The Luxonomist. 14/07/2015
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The chairman of the Banking Fundación «la Caixa», Isidro Fainé and the president of the Board of ERSTE Foundation, Karl Franz Prüller.

Within the framework of a broader cooperation agreement, as result of acquiring a stake in the Erste Group Bank AG by CaixaBank, ”la Caixa” Foundation will export its programme for integration into employment to Hungary with the goal of promoting the recruitment of people in situations of risk or exclusion.

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«Our social commitment is intrinsic to our financial activity, both in Spain and beyond our borders. This was evident alliance with the ERSTE Foundation, which will allow us to get the action of «la Caixa» to countries of Central and Eastern Europe «Social Work, stressed Isidro Fainé, chairman of the Banking Fundación» la Caixa «.

The two organisations will also jointly implement the Programme of Leadership Training for NGO Managers and Comisart. The latter is a programme that will offer young professionals from CEE the chance to implement curatorial projects based on the contemporary art collections conserved by the two organisations.

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The agreement with the ERSTE Foundation responds to the desire of «la Caixa» to extend his social action in favor of vulnerable geographical areas where it maintains financial alliances groups. In this case, it is the result of CaixaBank stake in Erste Group Bank AG, leading provider of financial services in the east of the European Union.

“Our social commitment is intrinsic to our financial activity, both in Spain and beyond our borders. There can’t be better proof of this than our alliance with ERSTE Foundation, which will allow the action of ”la Caixa” Foundation to reach countries in Central and Eastern Europe”, said Isidro Fainé, president of ”la Caixa” Banking Foundation.


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