At the heart of BBK lies our Corporate Social Responsibility (CSR), reaffirming our commitment to the communities in which we operate. In 2020, along with the emergency response to Covid-19, BBK has aligned its priorities with the goals of Bahrain National Vision 2030 to build a robust economy and a motivated and innovative society. This reinforces the Bank’s commitment to society, consistent with its long heritage of giving back to the citizens of Bahrain.
Some of our highlights from 2020-2021 include:
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Promoting health and wellbeing in the time of Covid-19
BBK donated BD 3.0 million to the nationwide Feena Khair campaign, one of the government’s Covid-19 measures designed to help people afflicted by the crisis. BBK supported local NGOs in assisting in-need families and migrant workers with the provision of food and basic essentials.
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Investing in a healthy lifestyle
As in previous years, we supported the HM King Hamad Bin Isa Al Khalifa and Nasser Bin Hamad Al Khalifa Premium League for Football, as well as Bahrain’s Tour De France Cycling Team. The Bank also supported the national football team through the Bahrain Olympic committee.
Investing in education
Four educational initiatives formed a key element of BBK’s new CSR strategy, namely
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TJ Walker training programme
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American Udemy Academy
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Women’s Digital Literacy
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Financial literacy
Investing in the community, partners in sustainability
BBK’s total community investments in 2020 amounted to BD 2 million, with a significant amount distributed as donations to support charity, culture, research, education, philanthropy, and sport.
Investing in economic sustainability
In January 2020, BBK staged the second BBK Digital Economy & Expo, under the patronage of the Central Bank of Bahrain, in collaboration with the Bahrain Institute for Banking and Finance as Knowledge Partner.
At BBK, we believe that national representation is of utmost importance and maximise local talent to ensure that nationals have a good opportunity to thrive. In 2021, Bahrainisation reached almost 95%, amongst the highest in the Kingdom.
Investing in gender equality
The appointment of two females to the BBK Board of Directors, and three to subsidiary Boards, further underlines BBK’s commitment to women’s empowerment. We are also proud to announce that females currently make up 40.4% of the Group’s Bahrain-based workforce.
Promoting good corporate governance
Five out of 12 BBK Board members are independent and comprise 41.6% of the Board, which exceeds the 33.3% requirement of the Central Bank of Bahrain (CBB).
Investing in our rich heritage and making our cities safe and sustainable
BBK is proud of Bahrain’s rich culture and encourages the promotion and continuation of our heritage by supporting arts, culture, and literature. The Bank contributes to various initiatives for cultural preservation and the restoration of historical facilities through the Bahrain Authority for Culture and Antiquities, and the Sheikh Ibrahim Bin Mohammed Al Khalifa Centre for Culture and Research.
Investing in a greener future
The Bank’s vision for sustainability encompasses the preservation of our natural environment. BBK is committed to reducing its environmental footprint, and in doing so, in 2020 we achieved a 15% cut in electricity consumption, 11% in water consumption, and 100% recycling of wastepaper. In 2021 an appropriation of BHD 2.2 million was dedicated to environmental and societal investments with a special focus on ‘Renewable Energy and Environment’ with initiatives such as:
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Solar Panel pre-packaged loans for customers.
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Support ‘Greener Bahrain’ national campaign.
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Adoption of energy saving solutions within the Bank’s premises
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Supporting public sector initiatives related to saving energy.
We are constantly striving to aim higher, make greater strides, and do everything in our capacity for the betterment of the Kingdom.
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