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Environmental Initiative

During the last past few years, the UAB began to implement a new initiative oriented towards raising awareness in the banking sector with reference to the importance of taking into account the environment when they sanction investments and facilities. This consideration serves the interest of both the banks and the community in which they operate. The UAB encouraged the Arab banking sector to provide funding for projects and economic institutions that pay special attention and adhere to international environmental standards. The UAB also considers this issue as an important and vital for the banks themselves and their customers, since securing a healthy environment is now considered as an essential component of the process of economic and social development. In this context, the UAB has launched during the past few years a series of activities, including participation in the meetings of the Arab League and of economic and social organizations, and ministries of environment in the Arab countries.

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Articles issued by Chairman, Board of Directors & Secretary General of UAB
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UAB Magazine - Issue 448 March 2018