Commercial Bank International PSC 2021 AR2
The report highlights Commercial Bank International's (CBI) financial and sustainability performance for the fiscal year 2021. In 2021, the company achieved a significant 288% increase in net profit to AED 131 million, while expanding its total assets by 21% to AED 20.8 billion. On the sustainability front, CBI reduced its total electricity consumption by 7% and Scope 2 emissions by 3% compared to 2020. The bank also advanced its digital transformation, converting a physical branch in Al Ain into a digital branch, and maintained its commitment to Emiratisation, with UAE nationals comprising 22% of its workforce.
Company: Commercial Bank International PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2021
Type: AR2
Pages: 200
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Commercial Bank International PSC
Annual Report
The report highlights Commercial Bank International's (CBI) financial and sustainability performance for the fiscal year 2021. In 2021, the company achieved a significant 288% increase in net profit to AED 131 million, while expanding its total assets by 21% to AED 20.8 billion. On the sustainability front, CBI reduced its total electricity consumption by 7% and Scope 2 emissions by 3% compared to 2020. The bank also advanced its digital transformation, converting a physical branch in Al Ain into a digital branch, and maintained its commitment to Emiratisation, with UAE nationals comprising 22% of its workforce.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Employees