Eastern Bank PLC 2024 AR2
The report highlights Eastern Bank PLC's financial and sustainability performance for the fiscal year 2024. Despite macroeconomic challenges, the bank achieved its highest-ever profit after tax of BDT 7,504 million and maintained a low non-performing loan ratio of 3.34%. The bank launched its Islamic Banking window and became the first in Bangladesh to disclose financed emissions (Scope 3) using the Joint Impact Model. Additionally, the bank significantly exceeded regulatory targets by directing 35.24% of term loans to green finance and 89.48% to sustainable finance.
Company: Eastern Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2024
Type: AR2
Pages: 546
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Eastern Bank PLC
Annual Report
The report highlights Eastern Bank PLC's financial and sustainability performance for the fiscal year 2024. Despite macroeconomic challenges, the bank achieved its highest-ever profit after tax of BDT 7,504 million and maintained a low non-performing loan ratio of 3.34%. The bank launched its Islamic Banking window and became the first in Bangladesh to disclose financed emissions (Scope 3) using the Joint Impact Model. Additionally, the bank significantly exceeded regulatory targets by directing 35.24% of term loans to green finance and 89.48% to sustainable finance.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Women on Board
Women in Management
Net Zero Target
Employees