City Bank PLC 2021 IR
The report highlights City Bank's performance and strategic initiatives for the 2021 fiscal year, emphasizing its transition toward becoming a digitally-powered, inclusive bank. Despite the challenges of the COVID-19 pandemic, the company expanded its loan portfolio, particularly in small and microfinance, and achieved a significant reduction in its cost-to-income ratio. Key achievements include the launch of Bangladesh's first digital nano loan in partnership with bKash and the rebranding of its Shariah-compliant services under City Islamic. Additionally, the bank demonstrated its commitment to sustainability by joining the Net-Zero Banking Alliance and expanding its green financing portfolio.
Company: City Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2021
Type: IR
Pages: 478
City Bank PLC
The report highlights City Bank's performance and strategic initiatives for the 2021 fiscal year, emphasizing its transition toward becoming a digitally-powered, inclusive bank. Despite the challenges of the COVID-19 pandemic, the company expanded its loan portfolio, particularly in small and microfinance, and achieved a significant reduction in its cost-to-income ratio. Key achievements include the launch of Bangladesh's first digital nano loan in partnership with bKash and the rebranding of its Shariah-compliant services under City Islamic. Additionally, the bank demonstrated its commitment to sustainability by joining the Net-Zero Banking Alliance and expanding its green financing portfolio.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Energy Consumption
Women on Board
Employees