Arab African International Bank (AAIB)

Overview

Whilst undertaking a mission of achieving limitless growth, AAIB's foresight in terms of social consciousness became reality as early as 2003, with a belief that brands must be inspirational in a socially responsible manner. AAIB embraced a transformative idea of Corporate Social Responsibility (CSR) being an engrained component of AAIB's Core Values System. Applying this with a distinctively unique approach, AAIB set the trend for Sustainable Finance with Value Creation. Aside from being a recipient of world renowned Banking and Finance Awards throughout the past decade, AAIB's CSR and Sustainability practices were recognized in 2012 by Arabia CSR Network, who presented AAIB with a special award for being the first bank in Egypt and the region to establish its own Foundation for Social Development in Health and Education: They Owe It to Egypt.

Arab African International Bank established MOSTADAM Platform which is the first platform for promoting Sustainable Finance in Egypt and the MENA Region. They are preparing expertise to create the industry move in the Financial Sector in Egypt towards sustainable economy and new stream. The initiative started in 2014 mainly supporting progressive training for Bankers and Financers in Sustainable Finance in Egypt and MENA Region. Sustainable Finance aims at instilling the connection between (EESG) (Economics, Environmental, Social and Governance) aspects within bank’s core businesses, operations, policies and practices.