BRAC Bank PLC 2019 IR
The report highlights BRAC Bank Limited's performance for the fiscal year 2019, showcasing a 13% growth in standalone operating profit to BDT 9,948 million. The bank achieved significant progress in its digital transformation journey, including the implementation of the Oracle E-Business Suite and the expansion of its Agent Banking network to 301 outlets. Additionally, BRAC Bank's pioneering SME Banking division grew its net portfolio to BDT 120,789 million, further driving financial inclusion across Bangladesh. The bank also maintained a strong capital adequacy ratio of 15.07% on a standalone basis, well above the regulatory requirement.
Company: BRAC Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2019
Type: IR
Pages: 565
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BRAC Bank PLC
Annual Report
The report highlights BRAC Bank Limited's performance for the fiscal year 2019, showcasing a 13% growth in standalone operating profit to BDT 9,948 million. The bank achieved significant progress in its digital transformation journey, including the implementation of the Oracle E-Business Suite and the expansion of its Agent Banking network to 301 outlets. Additionally, BRAC Bank's pioneering SME Banking division grew its net portfolio to BDT 120,789 million, further driving financial inclusion across Bangladesh. The bank also maintained a strong capital adequacy ratio of 15.07% on a standalone basis, well above the regulatory requirement.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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 in Management
Employees