Bank Asia PLC 2007 Annual Report with Sustainability Disclosures
Company: Bank Asia PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2007
Type: Annual Report with Sustainability Disclosures
Pages: 183
The report describes a year of strong expansion in 2007, with operating profit rising 46.91%, deposits increasing 18.64%, and loans and advances growing 27.86%. The company added five branches, expanded its ATM network, and continued upgrades to its online banking and technology infrastructure. Its community initiatives included scholarships, support for eye treatment and rural computer-learning centers, alongside financing for CNG projects and other environmental activities. The report also notes that Bank Asia received the Bracken Award as Bangladesh's Bank of the Year 2007.
Indicators available in this report: