Spectator on facebook

Spectator on facebook

Banks spent €4 million on non-profit projects

BANKS active in Slovakia spent more than €4 million to support non-profit initiatives last year, with the bulk of the funding flowing to support arts and culture, education, science, sports, charity projects, social assistance and health care, the TASR newswire reported.

BANKS active in Slovakia spent more than €4 million to support non-profit initiatives last year, with the bulk of the funding flowing to support arts and culture, education, science, sports, charity projects, social assistance and health care, the TASR newswire reported.

“Banks become engaged wherever it is needed the most, as they have been providing support to projects in areas that are chronically underfunded,” Ladislav Unčovský, executive director of the Slovak Banking Association (SBA), told TASR.

The allocation of funding into individual areas varies among banks, but in aggregate 35.8 percent of the funding was used to sponsor projects in arts and culture, such as cultural events, works of art and reconstructions of historical and cultural monuments.

Together 19.4 percent of the total funding went to projects in education and science, such as grants supporting gifted students, education projects and lectures by renowned researchers. About 18.9 percent of the funding went to help sports talents, including disabled athletes, as well as reconstruction of sports facilities, TASR wrote.

Source: TASR

Compiled by Radka Minarechová from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Touring wine cellars in Bratislava Photo

Nearly 30 wine cellars and wineries were opened in the boroughs of Rača, Nové Mesto, Vajnory and Devín during the first edition of Po Bratislavských Vínnych Pivniciach event.

Wine tasting in Pivnica u Štefana in Devín.

How to elect your mayor

When you live in a small village, you don't care about Bratislava. At home, everything is at stake.

Home (for a rest)

Returning from exile is a fine thing, but no one talks about how exhausting it is.

We want a decent Slovakia, people chanted in squares

On the eve of the Velvet Revolution anniversary, people protested in the thousands, calling for a decent Slovakia.

Bratislava protest November 16, 2018