NBB awarded ‘Best ESG Integration’ in Bahrain

TDT | Manama                                                               

The Daily Tribune – www.newsofbahrain.com

The National Bank of Bahrain (NBB) was named as the Bank with the ‘Best ESG Integration’ in Bahrain and received the accolade at the Arab Federation of Capital Markets (AFCM) Awards Ceremony.

The event, in collaboration with Global Economics, took place on 9th May at Rozna restaurant, Muscat, Oman. This was a formal recognition for the Bank’s progress in the field of Environmental, Social and Governance (ESG) at the AFCM’s Awards gala dinner.

The awards ceremony formed part of this year’s AFCM Annual Conference which was held at the Al Bustan Palace Hotel in Muscat. ‘Best ESG Integration’ is one of several new award categories which have been inaugurated as a result of the AFCM’s collaboration with The Global Economics, a leading financial website.

Reflecting on NBB’s ESG award, Usman Ahmed, Group CEO of NBB, said; “We will continue our work to reduce our carbon footprint, engage with our communities and promote responsible governance by building on recent ESG successes.”

Shaikh Khalifa bin Ebrahim Al-Khalifa, CEO of Bahrain Bourse and previous chairman of AFCM said, “We at Bahrain Bourse are glad to see the progression of ESG integration across various listed companies at Bahrain Bourse.”

The award was presented by Haitham Al Salmi, CEO of the Muscat Stock Exchange and Chairman of AFCM, and Shaikh Khalifa bin Ebrahim Al-Khalifa, CEO of Bahrain Bourse and previous chairman of AFCM. The awards gala dinner was attended by representatives of Arab stock exchanges, corporate sponsors, brokerage firms and leading financial institutions who converged to network, discuss the MENA region’s financial situation and exchange knowledge.