The United Nations Population Fund (UNFPA) and Kapital Bank signed a memorandum of understanding to implement joint projects and campaigns on combatting gender-biased sex selection, as well as on promoting gender equality and women empowerment.

Farid Babayev, Assistant Representative of UNFPA Azerbaijan, and Farid Huseynov, First Deputy Chair of the Board of Directors of Kapital Bank, attended the signing ceremony.

The first project will be the public campaign called “Missing girls” dedicated to the International Women’s Day on 8 March. The campaign will include the implementation of a number of activities in social media. The branches of Kapital Bank will distribute awareness raising materials on breach of sex ratio of newborn babies.

“We are implementing a number of projects throughout the year, in line with our corporate social responsibility strategy. Of course, such projects should be an important signal for the community and should encourage people to think. As a result of our cooperation with the UN Population Fund, we plan to introduce awareness-raising projects. Our first project within the memorandum will be presented on 8 March,” Farid Huseynov noted.

“I am confident that the signing of the memorandum with one of the leaders of the banking sector in Azerbaijan will create a dynamic and inclusive strategic partnership to achieve the Sustainable Development Goals. I express gratitude to Kapital Bank for the contribution to the development of gender equality and demographic development within the framework of corporate social responsibility and for supporting UNFPA’s activities,” said Farid Babayev.

Having the largest branch network in Azerbaijan, Kapital Bank serves its customers with 98 branches and 13 departments. For more information about the Bank’s products and services, please, visit www.kapitalbank.az,  196  call centre or accounts of Kapital Bank on different social networks.