AGFUND Wins WSBI Award as Microfinance Network Tops $1.37B
Bangkok – October 17, 2026 -- The Arab Gulf Programme for Development (AGFUND) has disbursed more than US$1.37 billion in financing to over 1.3 million clients since inception, and its microfinance network has now won the "Excellence in Inclusive Banking and Social Impact" award at the 2026 Sustainable Development Goals Awards.
The World Savings and Retail Banking Institute (WSBI) organized the awards with the European Savings and Retail Banking Group (ESBG). AGFUND CEO Hammam bin Nasser bin Juraid accepted the award in Bangkok, alongside the Annual Meetings of the International Monetary Fund and World Bank Group.
AGFUND network has issued 1.5 million loans across nine countries
AGFUND opened its first bank in Jordan in 2004. The network now covers Jordan, Yemen, Bahrain, Syria, Lebanon, Palestine, Sudan, Mauritania and Sierra Leone, focusing on communities underserved by conventional financial institutions.