Arab Bank Group 2022 Annual Report with Sustainability Disclosures
Company: Arab Bank Group
Sector: Finance & insurance
Country: Jordan
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 322
The report presents Arab Bank Group's 2022 consolidated performance, including USD 2526.1 million in total revenues, USD 544.3 million net income and 12,107 employees. It highlights the launch of the inaugural Sustainable Finance Framework, aligned with Green Bond, Social Bond, Sustainability Bond, Green Loan and Social Loan principles. Environmental initiatives included LED lighting, paperless operations, recycling 50 tons of paper, and financing solar projects totaling 300 megawatts in Saudi Arabia, 200 megawatts in Egypt and more than 200 megawatts in Jordan.
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