City Bank PLC 2020 IR
The report details the financial and sustainability performance of The City Bank Limited for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a net profit of BDT 4,012 million, representing a 62.3% increase from the previous year. The bank successfully launched the country's first contingent-convertible perpetual bond of BDT 4,000 million to optimize its capital structure. In terms of sustainability, the company disbursed BDT 1,121 million in green financing projects and expanded its digital banking services, including the launch of the "Ekhoni Account" app for instant digital onboarding. Additionally, the bank contributed over BDT 50 million to the Prime Minister's Relief Fund and distributed food relief to 40,000 vulnerable families.
Company: City Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2020
Type: IR
Pages: 448
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City Bank PLC
Integrated Annual Report
The report details the financial and sustainability performance of The City Bank Limited for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a net profit of BDT 4,012 million, representing a 62.3% increase from the previous year. The bank successfully launched the country's first contingent-convertible perpetual bond of BDT 4,000 million to optimize its capital structure. In terms of sustainability, the company disbursed BDT 1,121 million in green financing projects and expanded its digital banking services, including the launch of the "Ekhoni Account" app for instant digital onboarding. Additionally, the bank contributed over BDT 50 million to the Prime Minister's Relief Fund and distributed food relief to 40,000 vulnerable families.
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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
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees