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📍 Manama, Bahrain — Bank ABC has announced a record $2.8 billion mobilization in sustainable finance for 2024, with 86% of the funding directed toward emerging markets. The capital supports projects focused on renewable energy, climate resilience, and inclusive growth across Brazil, North Africa, the Middle East, and Asia—regions facing acute climate and development challenges.
The initiative marks a significant step in aligning private capital flows with global climate goals, particularly the Paris Agreement. While regional peers are expanding climate-linked financing, Bank ABC’s concentrated investment in higher-risk geographies distinguishes its approach within the MENA financial landscape.
Group CEO Sael Al Waary described the milestone as a reflection of the bank’s commitment to “growth that is both sustainable and inclusive.” The bank, recently named Bahrain’s Best Bank for Sustainable Finance 2025 by Euromoney, is advancing its ESG strategy through targeted training, community investment, and a newly launched Client ESG Risk Assessment framework.
These efforts aim to strengthen lending practices and support high-emitting clients in their transition toward lower-carbon operations. Al Waary emphasized the importance of collaboration, noting that partnerships with regulators, investors, and communities are key to delivering long-term impact.
Bahrain Bank ABC Hq Picture by Bank ABC
