BRAC Bank PLC 2011 AR2
The report highlights BRAC Bank's financial and social performance for the fiscal year 2011, marking its 10th anniversary. The bank achieved a net profit after tax of BDT 1,702 million and expanded its pioneering SME banking division, which reached a 5.87% market share in Bangladesh. Under its '3P' (People, Planet, and Profit) agenda, BRAC Bank advanced green banking initiatives, including solarizing 46 SME unit offices and financing biogas and solar power plants. Additionally, the bank launched the 'Krishak Card' to provide financial inclusion for farmers and expanded its mobile financial services subsidiary, bKash.
Company: BRAC Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2011
Type: AR2
Pages: 274
BRAC Bank PLC
The report highlights BRAC Bank's financial and social performance for the fiscal year 2011, marking its 10th anniversary. The bank achieved a net profit after tax of BDT 1,702 million and expanded its pioneering SME banking division, which reached a 5.87% market share in Bangladesh. Under its '3P' (People, Planet, and Profit) agenda, BRAC Bank advanced green banking initiatives, including solarizing 46 SME unit offices and financing biogas and solar power plants. Additionally, the bank launched the 'Krishak Card' to provide financial inclusion for farmers and expanded its mobile financial services subsidiary, bKash.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees