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Jordan Ahli Bank Wins Prestigious Award for Its Environmental, Social and Governance Efforts

Amman, September 2024: Jordan Ahli Bank was recently awarded the title of ‘Best Environmental, Social and Governance (ESG) Strategy and Framework in the Banking Sector in Jordan for 2024’ as part of the renowned annual International Finance Awards. Granted by the illustrious British business and finance publication, International Finance Magazine, this distinguished accolade recognizes the bank’s steadfast commitment to global best practices and standards.

 

International Finance Magazine presented Jordan Ahli Bank with this award following a rigorous evaluation process. The bank submitted detailed reports demonstrating its efforts within the award category and underwent a thorough analysis of its performance in the Jordanian market, successfully passing all the necessary stages to earn this recognition.

 

On this occasion, Jordan Ahli Bank CEO/General Manager, Dr. Ahmad Al-Hussein, expressed his pride in securing this distinct award, stating, “Driven by our firm belief that responsible practices are the key to a prosperous future, Jordan Ahli Bank is dedicated to implementing a strategy that strengthens our efforts to address global environmental challenges, promote social equity and ensure good governance.”

 

He added, “This acknowledgment highlights Jordan Ahli Bank’s leadership in this field, both within the banking sector and beyond. It stems from our pledge to advance sustainable development and good governance, as well as offer services and solutions that benefit all segments of society, contribute to their financial inclusion and support them in achieving their goals. Furthermore, it serves as motivation for us to continue the path we’ve started, leaving a positive imprint on our institution, the environment and the community.”

 

Recently, Jordan Ahli Bank unveiled the first locally issued Sustainability Bond in Jordan in collaboration with the International Finance Corporation, a member of the World Bank Group. Proceeds from the bond issuance will support vital green and social projects, including green SMEs and women-owned or women-led enterprises.

 

The Sustainability Bond reflects Jordan Ahli Bank’s keen interest in fostering partnerships with global organizations to establish a responsible and sustainable banking sector, contributing to

positive social and environmental impacts while delivering long-term value to investors and stakeholders. It also underscores the bank’s adherence to international best practices and transparency, aligning with Jordan’s Economic Modernization Vision and internationally recognized green and social bond principles.

 

International Finance Magazine is a trusted source of information for C-level executives, senior decision-makers and leaders across key markets in Europe, the Middle East, Asia-Pacific, Africa and Latin America. The magazine’s awards span various categories, namely Banking, Finance, Insurance, Real Estate, Leadership, Technology, Telecom, Utilities, Transportation, Healthcare and Brokerage. To meet the needs of its readers, the magazine launched International Market Metrics in 2016 to extend specialized corporate training in key markets on crisis communication, risk management and banking regulations.

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