Investing the Role of Artificial Intelligence in Advanced Sustainable Development Goals: Evidence from Banks in Bahrain

Artificial intelligence (AI) has rapidly proliferated in recent years, driven by the exponential growth of data and advancements in computing power. Its applications span various sectors, including transportation, education, healthcare, banking, and finance. Furthermore, AI has emerged as a powerful tool for advancing the Sustainable Development Goals (SDGs). The integration of intelligent machines and robotics with deep learning capabilities has had profound disruptive and enabling impacts on businesses, governments, and society, shaping global sustainability trends. This literature review aims to address three key objectives in relation to the banking sector and the role of Artificial Intelligence (AI) in advancing Sustainable Development Goals (SDGs). Firstly, it investigates the level of awareness among stakeholders regarding the applications and technologies of AI in the banking sector. Secondly, it assesses the awareness of the SDGs among these stakeholders, examining their understanding of the global goals. Lastly, it evaluates the specific role that AI can play in advancing the achievement of the SDGs within the banking sector. By exploring these objectives, this review aims to provide insights into the current state of AI adoption, the level of SDG awareness, and the potential impact of AI in driving sustainable development within the banking industry.