Highlights

• Bank ABC raised $2.8 billion in sustainable finance in 2024, with 86% of the funds channelled into emerging markets in Brazil, North Africa, the Middle East, and Asia.
• Investment is made in renewable energy, climate resilience, and inclusive growth as part of its sustainability strategy.
• Recognised as Bahrain’s Best Bank for Sustainable Finance 2025.

Arab Banking Corporation (Bank ABC), an international wholesale bank headquartered in Bahrain, has created a new record in sustainable finance by raising US$2.8 billion in 2024.

And, most importantly, 86% of this funding was invested in emerging markets such as Brazil, North Africa, the Middle East, and Asia — regions facing some of the most pressing climate issues — showing that the bank is pivoting to direct capital where it is most needed.

Through its global presence, Bank ABC is supporting projects in renewable energy, climate resilience, and inclusive growth. These areas are important for addressing climate risks and ensuring economic opportunities are shared more widely.

Read More: Sustainable Financing Grows in Middle East and North Africa

Buoyed by such initiatives, the bank is carrying the baton as MENA’s international bank for a sustainable future.

Besides, Euromoney has recently named it Bahrain’s Best Bank for Sustainable Finance 2025. Building on this momentum, it is advancing its sustainability strategy by funding more community projects and rolling out global ESG training for its teams, as well as introducing a Client ESG Risk Assessment framework.

This new framework is designed to improve lending practices and support high-emitting clients in their transition to greener operations.

Group CEO, Sael Al Waary, said: “This milestone confirms Bank ABC’s ability to direct capital with purpose - driving growth that is both sustainable and inclusive.”

“True progress demands collaboration. We are partnering with clients, regulators, investors, and communities to unlock solutions that deliver lasting impact across our network and beyond,” he added.

Also Read: IOSCO Releases Five-Point Plan to Support Sustainable Bond Market Growth

Ends/

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Source: Bank ABC