AGFUND wins international award for excellence in inclusive banking and social impact
The Arab Gulf Programme for Development (AGFUND) has been awarded the 'Excellence in Inclusive Banking and Social Impact' at the Sustainable Development Goals Awards 2026, organized by WSBI in partnership with ESBG. The award was accepted by AGFUND's CEO Hammam bin Nasser bin Juraid during a ceremony held on October 16, 2026, in Bangkok. AGFUND has served over 1.3 million clients and disbursed more than $1.37 billion in financing since its inception. Women account for nearly 59% of borrowers, highlighting the program's role in promoting women’s economic empowerment. The organization operates through a network spanning nine countries across the Middle East and Africa. AGFUND has provided over 1.5 million loans, opened more than 927,000 savings accounts, established 112 branches, and employed over 1,500 people. It aims to expand its partnerships, promote digital solutions, integrate financial services with training programs, market access, and risk protection.