On 7 June last in London, Dexia Banka Slovensko, a Dexia Group subsidiary established in Slovakia, received an award as Emerging Markets Sustainable Bank of the Year – Eastern Europe given by the Financial Times in association with the International Finance Corporation (IFC), the private sector branch of the World Bank. Dexia is the only French, Belgian or Luxembourg bank group to be distinguished by the Financial Times in 2007.
This award recognises the capacity of Dexia Banka Slovensko to create a joint financial and extra-financial (environmental and social) performance in Slovakia.
The jury, chaired by the Editor in Chief of the Financial Times, John Willman, and Lars Thunell, Vice-Chairman of the IFC, and composed of members of the United Nations Programme for the Environment, the FTSE Group and the Association for Sustainable and Responsible Investment in Asia, selected the bank from among 50 others.
This distinction rewards the Dexia Group’s long-term commitment to sustainable development, which it applies in all its banking activities as it follows its sustainable development strategy defined in 2006.
Dexia Banka Slovensko, a Dexia subsidiary since 2000, occupies a leading position in the financing of energy efficiency projects for local infrastructures and the development of renewable energies in Slovakia, particularly through the financing of biomass and hydroelectric plant projects. It is also the only private bank in the European Union to have been entrusted with management of a national register of CO2 quotas provided by the Kyoto Protocol.
According to Pavol Durinik, Chairman of the Management Board of Dexia Banka Slovensko, “This distinction underlines the positioning of Dexia Banka Slovensko as a pioneer and a leader promoting good sustainable development practices in Slovakia and more widely in the new member states of the European Union”.
"This prestigious award strengthens our positioning of our bank as a benchmark in matters of sustainable development," confirms Jacques Guerber, Vice-Chairman of the Management Board of the Dexia Group in charge of the sustainable development strategy.
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