NBB releases first Annual Financial and Sustainability Report 2020
MANAMA, 3 days
ago
The National Bank of Bahrain (NBB) has released its first Annual Financial and Sustainability Report for the year 2020, embedding sustainability at the core of its business and considering fundamental reporting principles including accuracy, completeness, and balance.
NBB’s sustainability framework contains seven pillars: economic growth, responsible banking; serving customers; nurturing the workforce; community investment; preserving natural resources; and governance and ethical behaviour.
The bank focused on strengthening every department to maintain business sustainability and are well-positioned as a market benchmark in terms of compliance with regulations, corporate governance and risk management, by placing a foundation for the involved committees to further drive its future ESG plans, such as establishing several sub-committees which provide effective support to the full Board in carrying out its responsibilities under specific stipulations mentioned in the report.