Bahrain Development Bank Achieves Prestigious Accolade at GCC International CSR Awards

Manama, Bahrain – 26th June 2024:

Bahrain Development Bank Achieves Prestigious Accolade at GCC International CSR Awards

Bahrain Development Bank (BDB) has won the “Excellence in Sustainable Environmental Development” Award at the GCC International CSR Awards, which took place at the Intercontinental Regency Hotel on 26 and 27 June 2024.

The Bank’s third-place achievement reiterates its ongoing commitment to environmental sustainability and its efforts to promote green initiatives, as well as its continuous support for agricultural projects, including the Farmers Market in Hoorat A’ali, which serves as the ideal platform for local farmers to showcase their products and boost their sales.

As part of its efforts to support food security and agricultural production in the Kingdom, BDB offers zero-interest financing solutions to farmers and fisheries in partnership with the Ministry of Finance and National Economy. The product enables farmers to expand their businesses and local fishermen to purchase their equipment with ease.

The Bank has also showcased its longstanding support to the National Initiative for Agricultural Development (NIAD)’s “Forever Green” campaign for the past 4 years by contributing to the planting of trees across various areas within the Kingdom. In addition to a number of CSR contributions, BDB also donated to the families recently impacted by the heavy rainfall in Bahrain. Commenting on the accomplishment, Ms Dalal Al Qais, Group Chief Executive Officer of BDB, said: “We are proud to have achieved this coveted accolade which reflects our resilient efforts to enact a positive environmental impact and contribute to the United Nation’s Sustainable Development Goals. The recognition also underscores our support for local and international efforts to achieve net-zero emissions by 2060.”

The GCC International CSR Awards gathers a host of regional experts in the CSR realm with the aim of exchanging experiences and developing collaborative opportunities. The event also focuses on strengthening CSR awareness and highlighting its role in building a sustainable future through the latest innovative methods in the field, as well as promoting positive change in the community and the environment as a whole.