The Bahrain Development Bank (BDB) announced that it received the “Excellence in Sustainable Environmental Development” award during the International Gulf Conference for Social Responsibility, which was held at the InterContinental Regency Bahrain Hotel on June 26 and 27, 2024.
Bahrain Development Bank’s third place honor comes in recognition of its firm commitment to environmental sustainability and its innovative efforts to promote green initiatives, in addition to its continued support for agricultural initiatives and projects, including the permanent farmers’ market in Horat Aali, which is considered the ideal platform for farmers and productive families to display and promote their products and increase sales margins and private investments. With them.
In addition, as part of the Bank’s efforts to support food security in the Kingdom and support agricultural production, it provides financing at a profit rate of 0% to farmers and fishermen, in cooperation with the Ministry of Finance and National Economy, to enable farmers to expand the scope of their businesses and enable Bahraini fishermen to purchase fishing equipment, equipment, etc. Fishing supplies.
In addition to the above, the Bahrain Development Bank participated in the national afforestation campaign “Stay Green” for 4 consecutive years, which is organized by the National Initiative for the Development of the Agricultural Sector, and through it it contributed to afforestation of more than one area in the Kingdom. And many other contributions in the field of social responsibility, the most recent of which was a donation to help families affected by the heavy rain wave that swept the Kingdom recently.
On this occasion, Mrs. Dalal Al Ghais, CEO of the Bahrain Development Bank Group, said: “We are very proud to have received this prestigious award, which represents the culmination of our commitment and endeavors aimed at creating a positive environmental impact, which is in favor of achieving the sustainable development goals. We also affirm our continued progress.” Moving forward in supporting local and international efforts to reach zero carbon neutrality by 2060.”
It is worth noting that the Gulf International Conference on Social Responsibility brings together an elite group of regional experts and specialists in the field of social responsibility, with the aim of enhancing cooperation and exchanging experiences among participants, and enhancing awareness of the importance of social responsibility and its role in building a sustainable future by highlighting the latest trends and innovative methods in the field of responsibility. Social and how to promote positive change in society and the environment
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