Commercial Bank International PSC 2023 AR2
The report highlights Commercial Bank International's (CBI) financial and ESG performance for the year 2023. CBI achieved a 14% increase in net profit to AED 171 million, with total assets reaching AED 19 billion. On the sustainability front, the bank maintained its greenhouse gas emissions at 2022 levels, although electricity and water consumption increased. CBI also advanced its Emiratisation strategy, with UAE Nationals comprising 25% of its workforce, and expanded its digital banking capabilities under its 'Banking in the Future' vision.
Company: Commercial Bank International PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2023
Type: AR2
Pages: 142
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Commercial Bank International PSC
Annual Report
The report highlights Commercial Bank International's (CBI) financial and ESG performance for the year 2023. CBI achieved a 14% increase in net profit to AED 171 million, with total assets reaching AED 19 billion. On the sustainability front, the bank maintained its greenhouse gas emissions at 2022 levels, although electricity and water consumption increased. CBI also advanced its Emiratisation strategy, with UAE Nationals comprising 25% of its workforce, and expanded its digital banking capabilities under its 'Banking in the Future' vision.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Women on Board
Women in Management
Employees