Bank Asia PLC 2021 IR
The report highlights Bank Asia's financial and sustainability performance for the year 2021. The bank achieved a remarkable 51% growth in operating profit, reaching Tk. 9,193 million, driven by a reduction in the cost of deposits and strong non-funded business growth. As a pioneer in financial inclusion, Bank Asia expanded its Agent Banking network to 4,898 outlets, bringing over 4.92 million unbanked individuals into the formal financial system. Additionally, the bank demonstrated its commitment to sustainability by disbursing Tk. 1,505.42 million in green finance and investing Tk. 247.45 million in corporate social responsibility initiatives, focusing on healthcare and education.
Company: Bank Asia PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2021
Type: IR
Pages: 450
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Bank Asia PLC
Annual Integrated Report
The report highlights Bank Asia's financial and sustainability performance for the year 2021. The bank achieved a remarkable 51% growth in operating profit, reaching Tk. 9,193 million, driven by a reduction in the cost of deposits and strong non-funded business growth. As a pioneer in financial inclusion, Bank Asia expanded its Agent Banking network to 4,898 outlets, bringing over 4.92 million unbanked individuals into the formal financial system. Additionally, the bank demonstrated its commitment to sustainability by disbursing Tk. 1,505.42 million in green finance and investing Tk. 247.45 million in corporate social responsibility initiatives, focusing on healthcare and education.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Net Zero Target
Employees