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Tuesday 14 May 2019

The Housing Bank issues its Second Annual Sustainability Report


The Housing Bank for Trade and Finance has issued its second Annual Sustainability Report, which has been prepared in accordance with the Global Reporting Initiative (GRI) standards - an independent global institution based in Amsterdam / The Netherlands.

 The Bank's 2018 Sustainability Report comes in line with the bank's commitment to the positive impact of sustainable development in its economic, social and environmental facets, as well as to promoting a culture of transparency and sound governance.

 The report contains detailed information and data on the Bank's achievements and initiatives on sustainability issues that include economic, social and environmental areas that are consistent with the Bank's business strategy. The information and data contained in this report cover the Bank's activities in Jordan in particular.

 The report aims to provide essential information to the Bank's key stakeholders who represent: clients, shareholders, employees, regulatory and supervisory bodies, the community and suppliers.

 Mr. Ammar Al-Safadi, Chief Executive Officer of Housing Bank stated: "The Housing Bank is proud to launch its second Sustainability Report, which underlines the Bank's growing commitment to sustainability through the adoption of a comprehensive business strategy targeting all economic, social and environmental fields, enabling the Bank to consolidate its business success and build stronger relationships with stakeholders."

 In conclusion, Al-Safadi stressed that the annual disclosure of sustainability initiatives will contribute to enhancing the transparency of the Bank's sustainable development programs in line with the best international standards and practices. This will be ensured through continuous communication and interaction with their partners, the provision of comprehensive banking solutions and the application of regulatory best practices related to effective corporate governance in all of the Bank's functions and operations. This in turn will ensure that the Bank remains a leading institution that strives to support the welfare of communities not only in Jordan, but in all countries where it operates, enshrining the Housing Bank's leading role as an agent of continuous growth and positive change.

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