Raiffeisen Bank and Kyiv School of Economics signed a Memorandum of Cooperation
Raiffeisen Bank and Kyiv School of Economics have signed a Memorandum of Cooperation formalizing their partnership in the development of education, practical student training, joint research and initiatives aimed at the strengthening of Ukraine’s human capital.
Raif is one of the largest KSE’s partners and investors. As of today, the Bank’s total support amounts to approximately UAH 50 mn. Since 2016 the Bank has annually supported KSE professors and students, providing financing for their research and grants, as well as socially important programs of KSE Foundation charitable fund. In particular, jointly with KSE Foundation as part of the program ZAKHYSTOK: Safe Education”, Raif has arranged shelters in educational institutions across Ukraine to return as many children as possible to offline learning. The Bank has been the largest donor of this program.
The Memorandum provides for systemic work with students and development of Ukraine’s potential through internships and practical training, joint work on curricula and updating of academic programs with the involvement of the expertise of the Bank’s employees, as well as development of the professional community through workshops, lectures and public events. The document also provides the opportunity for joint research and development, preparation of grant applications and launch of joint programs and projects within the framework of additional agreements, as well as other initiatives that can be beneficial for the country and the society.
Cooperation is already being implemented in practice: the Bank’s specialists give lectures, conduct workshops, and join projects and educational initiatives for KSE students.
“We invest in the future of Ukraine through the development of human capital – education, practical skills and professional communities. The Memorandum with KSE formalizes our agreements: from internships and the development of academic programs to joint research and socially important initiatives”, noted Yuliia Starokozheva, the CIO.
Yevhen Baliutov, Information Security Director, emphasized the importance of practical cooperation, in particular, in cybersecurity area: “Resilience and information protection are critical for the financial sector. Joint educational and research initiatives help train specialists who understand real challenges and responsibility standards.”
Partnerships with businesses will grant students access to real tasks and enable universities to adapt their academic programs more quickly to the needs of the market and the country. Such cooperation is an investment in people who will develop Ukraine’s economy and institutions.
