Bank of Bahrain and Kuwait BSC 2023 AR2
The report highlights BBK's strong financial performance in 2023, achieving a net profit of BD 74.5 million, a 15.7 percent increase from the previous year. The bank advanced its digital transformation by upgrading its core banking system and launching the BBK Business platform for corporate digital onboarding. BBK also strengthened its commitment to ESG principles by establishing a Climate Risk task force, integrating green financing, and launching the Women on Board Program in collaboration with the BIBF. Additionally, the bank achieved a high nationalization rate of 95.54 percent and reduced its annual paper consumption by 19 percent.
Company: Bank of Bahrain and Kuwait BSC
Sector: Financials
Country: Bahrain
Year: 2023
Type: AR2
Pages: 129
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Bank of Bahrain and Kuwait BSC
Annual Report
The report highlights BBK's strong financial performance in 2023, achieving a net profit of BD 74.5 million, a 15.7 percent increase from the previous year. The bank advanced its digital transformation by upgrading its core banking system and launching the BBK Business platform for corporate digital onboarding. BBK also strengthened its commitment to ESG principles by establishing a Climate Risk task force, integrating green financing, and launching the Women on Board Program in collaboration with the BIBF. Additionally, the bank achieved a high nationalization rate of 95.54 percent and reduced its annual paper consumption by 19 percent.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees