Saudi banks pump 537 million riyals to support social responsibility projects through 147 projects

The Information and Banking Awareness Committee in Saudi banks announced that Saudi banks have pumped more than 537 million riyals in various investments in social responsibility programs until this year, and the number of projects that have been implemented reached more than 147 projects.
The social responsibility projects implemented by banks included several different fields that touched the community’s need, foremost of which were health, education, environment, community service, support for charitable business, financial education initiatives, awareness against financial fraud, contributing to economic development, entrepreneurship, and support for small and medium enterprises.
The committee emphasized that the number of beneficiaries of these projects reached more than 2,544 454 beneficiaries from different segments of society, and the number of volunteers reached more than 22.267 volunteers that directly helped in supplying the number of volunteers in order to achieve one of the goals of Vision 2030, which is reaching a million volunteers with volunteer hours of 193.053 voluntary hours.
These projects contributed to a fingerprint and a positive impact on the development of society through the commitment of banks to their social responsibility in these areas, which come through systematic plans with clear targets in order to achieve sustainability in its three foundations, which are society, the environment and the economy, and contribute to the quality of life by benefiting from these programs and initiatives.
The nature of the projects adopted and implemented by Saudi banks during that period reflected a systematic and clear focus on sustainability and innovation, enhancing transparency and governance and defining clear indicators of measurement and performance, which would enhance the role and performance of banks, whether in terms of developing their banking experience or expanding their activities and initiatives.
These projects in their various fields and contributions keep pace with several activities, reflecting positively on society, the economy, the environment, customers, employees and those with relationship, as well as supporting the government’s role in providing services to society, financing all kinds of development projects, and enhancing the level of social solidarity, in a way that contributes to achieving the aspirations of the Kingdom’s 2030 vision, and meeting the targets of the financial sector development program.