BRAC Bank PLC 2016 AR2
The report highlights BRAC Bank Limited's strong financial and operational performance in 2016, with a focus on sustainable and values-based banking. The bank achieved a record 83% increase in profit after tax, driven by significant growth in its SME and retail portfolios. As a member of the Global Alliance for Banking on Values, BRAC Bank integrated environmental and social considerations into its credit appraisal processes and launched 'Planet Solutions', an energy efficiency financing product. Additionally, the bank expanded its distribution network to 181 branches and continued its commitment to corporate social responsibility through various community initiatives.
Company: BRAC Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2016
Type: AR2
Pages: 469
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BRAC Bank PLC
Annual Report
The report highlights BRAC Bank Limited's strong financial and operational performance in 2016, with a focus on sustainable and values-based banking. The bank achieved a record 83% increase in profit after tax, driven by significant growth in its SME and retail portfolios. As a member of the Global Alliance for Banking on Values, BRAC Bank integrated environmental and social considerations into its credit appraisal processes and launched 'Planet Solutions', an energy efficiency financing product. Additionally, the bank expanded its distribution network to 181 branches and continued its commitment to corporate social responsibility through various community initiatives.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
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
Employees