AGFUND receives award for inclusive banking and social impact

The Arab Gulf Programme for Development (AGFUND) has been honored with the 'Excellence in Inclusive Banking and Social Impact' award at the 2026 Sustainable Development Goals Awards, organized by the World Savings and Retail Banking Institute (WSBI) in cooperation with the European Savings and Retail Banking Group (ESBG).

AGFUND CEO Hammam bin Nasser bin Juraid accepted the award in Bangkok, Thailand, during the annual meetings of the International Monetary Fund and the World Bank Group. This recognition highlights AGFUND's efforts in utilizing financial services to empower underserved communities, enhance livelihoods, and promote economic independence.

Prince Abdulaziz bin Talal bin Abdulaziz, AGFUND's Chairman, stated that the award reflects over twenty years of commitment to financial inclusion and honors the founders of AGFUND's microfinance banks. The organization's network has served over 1.3 million clients and disbursed more than $1.37 billion in financing, with women accounting for 59 percent of borrowers.

Established in Jordan in 2004, AGFUND's network has expanded to nine countries, targeting communities overlooked by traditional financial institutions. The organization plans to strengthen partnerships, develop digital solutions, and introduce innovative financial products to support microenterprises and improve living conditions in underserved communities across Africa and other regions.