Bank Asia PLC 2018 IR
The report highlights Bank Asia's progress in financial inclusion and sustainable banking in Bangladesh during 2018. The bank expanded its agent banking network to 2,566 outlets across 64 districts, serving over 749,000 accounts and facilitating significant remittance inflows. Notably, Bank Asia launched "SHADHIN," the first freelancer card in Bangladesh, and established the country's first digital banking booth inside a garment factory to serve RMG workers. Financially, the bank achieved a record operating profit of Tk. 8,060 million, representing a 21% growth over the previous year, while maintaining a strong capital adequacy ratio of 15.05%. Additionally, the bank spent Tk. 126.91 million on corporate social responsibility initiatives, focusing on education, healthcare, and disaster management.
Company: Bank Asia PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2018
Type: IR
Pages: 398
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Bank Asia PLC
Annual Integrated Report
The report highlights Bank Asia's progress in financial inclusion and sustainable banking in Bangladesh during 2018. The bank expanded its agent banking network to 2,566 outlets across 64 districts, serving over 749,000 accounts and facilitating significant remittance inflows. Notably, Bank Asia launched "SHADHIN," the first freelancer card in Bangladesh, and established the country's first digital banking booth inside a garment factory to serve RMG workers. Financially, the bank achieved a record operating profit of Tk. 8,060 million, representing a 21% growth over the previous year, while maintaining a strong capital adequacy ratio of 15.05%. Additionally, the bank spent Tk. 126.91 million on corporate social responsibility initiatives, focusing on education, healthcare, and disaster management.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees