CalBank PLC 2022 AR2
The report highlights CalBank PLC's financial and operational performance for the fiscal year 2022, during which the bank navigated severe macroeconomic challenges in Ghana, including high inflation and the Domestic Debt Exchange Programme (DDEP). Despite recording a net loss due to significant debt-restructuring impairments, the bank successfully grew its customer deposits by 6.8% and expanded its branch network to 36 locations. On the sustainability front, CalBank advanced its green initiatives by financing renewable energy and energy efficiency projects, including solar PV installations and electric vehicles. The bank also prioritized financial inclusion through digital platforms and invested GHS 1.3 million in community education, health, and entrepreneurship programs.
Company: CalBank PLC
Sector: Financials
Country: Ghana
Year: 2022
Type: AR2
Pages: 166
CalBank PLC
Annual Report
The report highlights CalBank PLC's financial and operational performance for the fiscal year 2022, during which the bank navigated severe macroeconomic challenges in Ghana, including high inflation and the Domestic Debt Exchange Programme (DDEP). Despite recording a net loss due to significant debt-restructuring impairments, the bank successfully grew its customer deposits by 6.8% and expanded its branch network to 36 locations. On the sustainability front, CalBank advanced its green initiatives by financing renewable energy and energy efficiency projects, including solar PV installations and electric vehicles. The bank also prioritized financial inclusion through digital platforms and invested GHS 1.3 million in community education, health, and entrepreneurship programs.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees