BRAC Bank PLC 2023 IR
The report highlights BRAC Bank PLC's digital transformation and financial inclusion achievements in 2023, including reaching 500,000 users on its Astha app and BDT 131,839 million in transactions on CORPnet. The bank achieved a 34% growth in deposits and a 26% growth in loans, resulting in a net profit after tax of BDT 7,304 million. BRAC Bank continued its strong focus on CMSMEs, with its portfolio constituting over 45% of its total loans, and disbursed BDT 235,365 million in sustainable finance. Additionally, the bank was recognized as a top sustainable bank by Bangladesh Bank for the third consecutive year and published its first sustainability report with portfolio-level Scope 3 GHG emissions.
Company: BRAC Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2023
Type: IR
Pages: 289
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BRAC Bank PLC
Integrated Annual Report
The report highlights BRAC Bank PLC's digital transformation and financial inclusion achievements in 2023, including reaching 500,000 users on its Astha app and BDT 131,839 million in transactions on CORPnet. The bank achieved a 34% growth in deposits and a 26% growth in loans, resulting in a net profit after tax of BDT 7,304 million. BRAC Bank continued its strong focus on CMSMEs, with its portfolio constituting over 45% of its total loans, and disbursed BDT 235,365 million in sustainable finance. Additionally, the bank was recognized as a top sustainable bank by Bangladesh Bank for the third consecutive year and published its first sustainability report with portfolio-level Scope 3 GHG emissions.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 30, 2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Employees