Arab Bank’s sustainability journey began at its inception in 1930 and evolved over time as an integral part of the Bank’s objectives and its constant contributions towards supporting the efforts to develop the Arab world and build its capacity. From its inception until today, the Bank has played a significant role in shaping the lives of people in the Arab world, developing the economies and communities in which it operates. This is done through supporting and financing strategic projects in the region, in addition to pioneering its social responsibility to develop the capacity of the Arab world by serving its communities’ needs and priorities.
Stemming from the growing socio-economic challenges at the local, regional, and global levels, along with the Bank’s belief in the financial sector’s ability to address these challenges, Arab Bank realizes the importance of integrating the sustainable development concept into its daily operations. As part of this belief, the Bank lunched a full-fledged sustainability strategy with a clear vision and mission and established a sustainability department to be responsible for the systematic management of the goals and programs that aim to improve the economic, social, and environmental impacts of the Bank.
Click here for Arab Bank Sustainability Strategic Approach – Corporate Social Responsibility Policy
The strategic approach followed by the Bank is comprehensive and revolves around five main strategic focus areas: Responsible financing, employee empowerment, transparent reporting, system optimization and community cooperation. These focus areas aim to achieve a sustainable future through enhancing our economic performance, environmental impact and community contributions.
Furthermore, the Bank has also launched a multi-dimensional corporate social responsibility (CSR) program under the title “Together” with specific engagement themes targeting the development and well-being of local communities. Read more about “Together” Program
Since 2011, the Bank has been issuing yearly sustainability reports, highlighting its social, environmental, and economic achievements following the Global Reporting Initiative (GRI) guidelines. View our sustainability reports.