Al Baraka Bank Syria, a subsidiary banking unit of Al Baraka Banking Group B.S.C., deserved performance statement certificate in accordance with International Standard for Social Responsibility (ISO-26000: 2010) at advanced grade (4 of 5), as a result of the assessment conducted by SGS International.

On this occasion, the Chairman of Al Baraka Bank Syria and the President & Chief Executive of Al Baraka Banking Group Mr. Adnan Ahmed Yousif said: The application of social responsibility standard in Al Baraka Bank Syria highlighted the Bank’s commitment to assume full responsibility for all of its decisions and activities, and their impact on society and the environment, through a behavior that is characterized by transparency and ethics and contributing to the sustainable development process for all segments of Syrian society.

Mr. Adnan Ahmed Yousif added: The application of the standard has many other benefits, among them design and build a strategy for social responsibility specially for the Bank, and the preparation of this strategy to work in all the legal, cultural and social environments at the local and global level, and achieving higher credibility for the Bank as a socially responsible institution, in addition to strengthening the competitive advantage of the Bank in banking market, and maintaining outstanding reputation of the Bank globally.

For his part, Mr. Mohammed Abdullah Halabi, Chief Executive Officer of Al Baraka Bank Syria said that: the obtaining of ISO 26000 by the bank is a practical embodiment of the social responsibility of the Bank and its real role in the economic development in Syria, especially in light of the current circumstances, where increasing the importance of promoting the culture of social responsibility among the business society, because of its leading role in promoting sustainable development process, which, in turn, represents a lofty goal for any society aspires to promote real economic growth opportunities and to improve living standards of citizens, and raising the quality of services provided to them.