AAIB represents Banking leadership in sustainable finance and green transformation

AAIB's commitment to sustainability and business governance is a key pillar of its strategic vision. AAIB adopts a proactive approach to strengthening its positive role on the environment and society through innovative financial instruments. 

Sustainability bonds are one of the most important tools adopted by the "African Arab" to achieve this vision, based on its belief in the central role of the banking sector in supporting the transition towards an inclusive economy that balances profitability with societal and environmental responsibility.

The Bank's sustainability bond framework and subsidiaries is a strategic road map that sets out the regulatory principles for issuing innovative debt instruments, such as green and social bonds and sustainability bonds, with a view to promoting sustainable financing and consolidating the Bank's leadership in the Egyptian banking sector. 

The AAIB's Sustainability Bond Framework is based on an integrated mix of international and domestic standards, based on ICMA guidelines such as: Green Bond Principles (GBP 2021), Social Bond Principles (SBP 2023), as well as Sustainability Bond Guidelines (SBG 2021).

The Framework also adheres to the International Finance Corporation's (IFC) updated Climate Finance Standards (2024) and the Common Principles of Multilateral Development Banks (2023) to ensure that funding for climate change mitigation is tracked.

At the local level, the framework is in line with the directives of the Egyptian Financial Supervisory Authority (July 2019) and the Executive Regulation of the Egyptian Capital Market Law (September 2022), which lays down regulations for the issuance of sustainable development bonds, thereby promoting compatibility between domestic policies and global commitments. 

The "African Arab" seeks to drive the transition towards a green economy through innovative initiatives, such as "Keeping the coast clean" to raise environmental awareness, "Sustainable Agriculture Initiative" to support carbon emission reduction, and the launch of the "Sustainable" platform in partnership with the United Nations Development Programme (UNDP) as Egypt's first sustainable financing platform.