Ajman Bank has entered into a long-term partnership with Ambipar Middle East, a multinational company known for its expertise in environmental solutions. This agreement marks a significant milestone in the bank’s commitment to achieving carbon neutrality and its strategy for sustainable financing.
Both parties aim to explore opportunities for integrating carbon solutions, environmental services, and green financial products that will have a tangible climate impact and provide a sustainable competitive advantage.
The collaboration will focus on introducing innovative green banking solutions in the region, such as carbon-neutral credit cards and green savings accounts, while also enabling clients to directly offset their carbon emissions through credible verified credits generated from reforestation projects.
The CEO of Ajman Bank, Mustafa Al-Khalafawi, stated: “This partnership is a crucial step in our journey towards sustainability as it strengthens our commitment to collaborating with global leaders in this field. Through this cooperation, we reaffirm our dedication to responsible practices and future-oriented visions, outlining a clear path toward adopting and implementing the highest sustainability standards. This collaboration reflects our ongoing pursuit of innovation and supports the UAE’s national sustainability agenda.”
Rafael Tello, the head of Ambipar in the Middle East, commented: “This partnership signifies a strong advance in our mission to support the UAE’s journey towards carbon neutrality. We are proud to be the strategic partner chosen by Ajman Bank. Our objective is to make sustainability a shared value that is reflected in every decision and operational process.”