Sustainability in the banking sector: The case of Bahrain

Sustainability has been a critical concept in various sectors of the economy. Given the importance of banking sector in Bahrain and its significant contribution to the GDP, we explore the sustainability in Bahrain’s Banking sector. The findings show that there is an evidence, both at a macro level such as the initiatives by Bahrain Association of Banks and Bahrain FinTech Bay and at a micro level by some retail banks, of sustainability in Bahrain’s Banking sector. However, there is a need for additional enrichment and enhancement of the concept in all banks in Bahrain. We also highlight some challenges facing the further development of sustainability in banking sector such as short-termism, lack of legal framework and need of clear definition to sustainability.