Bank Pan Indonesia Tbk 2020 AR2
The report highlights PaninBank's performance in 2020, during which the bank achieved a net profit of Rp3.12 trillion and grew its total assets to Rp218.1 trillion despite the challenges of the COVID-19 pandemic. The bank successfully managed its credit risk by restructuring Rp27.5 trillion in loans for over 12,500 accounts, maintaining a healthy net NPL ratio of 0.66%. Additionally, PaninBank prepared for its bank-wide digital transformation, set to launch after its 50th anniversary in 2021. The bank also demonstrated its commitment to sustainability by allocating Rp40.75 billion for corporate social responsibility activities, primarily focusing on healthcare support and environmental preservation.
Company: Bank Pan Indonesia Tbk
Sector: Financials
Country: Indonesia
Year: 2020
Type: AR2
Pages: 770
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Bank Pan Indonesia Tbk
Annual Report
The report highlights PaninBank's performance in 2020, during which the bank achieved a net profit of Rp3.12 trillion and grew its total assets to Rp218.1 trillion despite the challenges of the COVID-19 pandemic. The bank successfully managed its credit risk by restructuring Rp27.5 trillion in loans for over 12,500 accounts, maintaining a healthy net NPL ratio of 0.66%. Additionally, PaninBank prepared for its bank-wide digital transformation, set to launch after its 50th anniversary in 2021. The bank also demonstrated its commitment to sustainability by allocating Rp40.75 billion for corporate social responsibility activities, primarily focusing on healthcare support and environmental preservation.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees