City Bank PLC 2024 IR
The report highlights City Bank PLC's financial and operational performance for the fiscal year 2024, emphasizing its digital transformation under the theme 'Banking Made Digital, Dreams Made Real!'. The company achieved a record-breaking 31% year-on-year growth in deposits, reaching BDT 514,204 million, while its loan portfolio expanded by 12.3% to BDT 444,978 million. Operating profit surpassed BDT 23,053 million, marking a 70.8% increase from the previous year, and net profit after tax rose by 76.4% to BDT 10,851 million. On the sustainability front, the company disbursed BDT 33,354 million in green finance and BDT 402,340 million in sustainable finance, earning recognition as one of the top sustainable banks in Bangladesh. Additionally, the bank launched the country's first American Express metal card and pioneered the first-ever bancassurance policy in Bangladesh.
Company: City Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2024
Type: IR
Pages: 588
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City Bank PLC
Integrated Annual Report
The report highlights City Bank PLC's financial and operational performance for the fiscal year 2024, emphasizing its digital transformation under the theme 'Banking Made Digital, Dreams Made Real!'. The company achieved a record-breaking 31% year-on-year growth in deposits, reaching BDT 514,204 million, while its loan portfolio expanded by 12.3% to BDT 444,978 million. Operating profit surpassed BDT 23,053 million, marking a 70.8% increase from the previous year, and net profit after tax rose by 76.4% to BDT 10,851 million. On the sustainability front, the company disbursed BDT 33,354 million in green finance and BDT 402,340 million in sustainable finance, earning recognition as one of the top sustainable banks in Bangladesh. Additionally, the bank launched the country's first American Express metal card and pioneered the first-ever bancassurance policy in Bangladesh.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees