Eastern Bank PLC 2010 AR2
The report highlights Eastern Bank Limited's performance and commitment to sustainable banking in 2010. The company focused on green financing, becoming the first commercial bank to sign a participation agreement with Bangladesh Bank to finance projects under its Refinance Scheme for solar, bio-gas, and effluent treatment plants. Eastern Bank also financed a 12MW PV solar panel assembly plant to support renewable energy. Financially, the bank reduced its non-performing loan ratio to 1.99% and increased its profit after tax by 66.70% to BDT 2,424.79 million.
Company: Eastern Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2010
Type: AR2
Pages: 242
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Eastern Bank PLC
Annual Report
The report highlights Eastern Bank Limited's performance and commitment to sustainable banking in 2010. The company focused on green financing, becoming the first commercial bank to sign a participation agreement with Bangladesh Bank to finance projects under its Refinance Scheme for solar, bio-gas, and effluent treatment plants. Eastern Bank also financed a 12MW PV solar panel assembly plant to support renewable energy. Financially, the bank reduced its non-performing loan ratio to 1.99% and increased its profit after tax by 66.70% to BDT 2,424.79 million.
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Document Details
Report Year
2010
Reporting Period
Jan 1, 2010 - Dec 31, 2010
Fiscal Year
2010
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