Eastern Bank PLC 2009 AR2
The report highlights Eastern Bank Limited's financial and operational performance for the fiscal year 2009. The bank achieved a 69.50% increase in earnings per share to BDT 58.53, driven by a 24.93% growth in operating profit and a reduction in non-performing loans to 2.46%. Eastern Bank Limited became the first commercial bank in Bangladesh to sign a participation agreement with Bangladesh Bank for green financing, committing BDT 290 million to support solar energy, bio-gas, and effluent treatment plant projects. Additionally, the bank expanded its network to 39 branches and 55 ATMs, while actively engaging in various corporate social responsibility initiatives, including educational grants and disaster relief.
Company: Eastern Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2009
Type: AR2
Pages: 196
Eastern Bank PLC
The report highlights Eastern Bank Limited's financial and operational performance for the fiscal year 2009. The bank achieved a 69.50% increase in earnings per share to BDT 58.53, driven by a 24.93% growth in operating profit and a reduction in non-performing loans to 2.46%. Eastern Bank Limited became the first commercial bank in Bangladesh to sign a participation agreement with Bangladesh Bank for green financing, committing BDT 290 million to support solar energy, bio-gas, and effluent treatment plant projects. Additionally, the bank expanded its network to 39 branches and 55 ATMs, while actively engaging in various corporate social responsibility initiatives, including educational grants and disaster relief.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees