Dutch-Bangla Bank PLC 2016 AR2
The report highlights Dutch-Bangla Bank's performance in 2016, emphasizing its leadership in technological innovation and financial inclusion through the expansion of its 'Rocket' mobile banking and agent banking services. The company continued its significant commitment to social causes, notably through the largest private-sector scholarship program in Bangladesh, supporting over 40,000 students. Environmentally, the bank implemented an International Standard Environmental & Social Management System (ESMS) and increased its direct green financing for projects like effluent treatment plants and solar energy. Despite a decrease in net profit due to higher provisioning and squeezed margins, the bank maintained a strong capital adequacy ratio of 13.1%, well above regulatory requirements.
Company: Dutch-Bangla Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2016
Type: AR2
Pages: 464
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Dutch-Bangla Bank PLC
Annual Report
The report highlights Dutch-Bangla Bank's performance in 2016, emphasizing its leadership in technological innovation and financial inclusion through the expansion of its 'Rocket' mobile banking and agent banking services. The company continued its significant commitment to social causes, notably through the largest private-sector scholarship program in Bangladesh, supporting over 40,000 students. Environmentally, the bank implemented an International Standard Environmental & Social Management System (ESMS) and increased its direct green financing for projects like effluent treatment plants and solar energy. Despite a decrease in net profit due to higher provisioning and squeezed margins, the bank maintained a strong capital adequacy ratio of 13.1%, well above regulatory requirements.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Mar 30, 2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees