MOSTADAM is a serious endeavor initiated by Arab African International Bank (AAIB) in cooperation with the United Nations Development Program (UNDP) and Egyptian Corporate Responsibility Center (ECRC) in 2014. As new regulations, policies and structures emerge to ensure the intactness of the financial industry, MOSTADAM subsumes that the real evolution of finance lies in “Capacity Building”; chang
ing the mindsets and revising the educational paradigms through progressive training modules. The structural limitations will be addressed if the right stakeholders - with a cut through understanding of the challenges and the remedies – are mobilized to fundamentally rethink the industry out of its current stalemate. MOSTADAM is conceived in Egypt, purposefully growing to become a universal movement. It started from within the financial industry, triggered by the rising sense that the existing financial system is approaching the limits of its growth. MOSTADAM empowers bankers and financiers to align the financial industry with a rapidly evolving world and to become in a better position to generate new revenue streams and manage evolving risks. It aspires to rejuvenate the financial industry and to unleash new growth horizons. First platform to enact sustainable finance in Egypt
MOSTADAM is the first platform to promote Sustainable Finance in Egypt and MENA Region. Sustainable Finance aims at instilling the connection between (EESG) (Economics, Environmental, Social and Governance) aspects within bank’s core businesses, operations, policies and practices. MOSTADAM seeks the transformation of the financial industry through
Capacity Building: introducing state-of- the-art training programs in sustainable finance. Advocacy: enacting the right stakeholders in the right direction to drive the required impact and leverage the right synergies between the finance, environment and the society. Sustainable Products & Services: ensuring that financial products and services attend the environmental and social dimensions. Founded in: 2014
