BRAC Bank PLC 2020 IR
The report highlights BRAC Bank's performance and resilience during the challenging year of 2020, marked by the COVID-19 pandemic. Despite economic headwinds and regulatory interest rate caps, the bank achieved a net profit after tax of BDT 4,541 million and maintained a strong capital position with a capital adequacy ratio of 14.55%. The bank prioritized the safety of its employees and customers, accelerated its digital transformation, and actively supported the community through various CSR initiatives, including contributing BDT 50 million to the Prime Minister's Relief and Welfare Fund. Additionally, BRAC Bank continued its commitment to sustainable finance through its Sustainable Finance Unit and membership in the Global Alliance for Banking on Values.
Company: BRAC Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2020
Type: IR
Pages: 657
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BRAC Bank PLC
Annual Report
The report highlights BRAC Bank's performance and resilience during the challenging year of 2020, marked by the COVID-19 pandemic. Despite economic headwinds and regulatory interest rate caps, the bank achieved a net profit after tax of BDT 4,541 million and maintained a strong capital position with a capital adequacy ratio of 14.55%. The bank prioritized the safety of its employees and customers, accelerated its digital transformation, and actively supported the community through various CSR initiatives, including contributing BDT 50 million to the Prime Minister's Relief and Welfare Fund. Additionally, BRAC Bank continued its commitment to sustainable finance through its Sustainable Finance Unit and membership in the Global Alliance for Banking on Values.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees