Faisal Islamic Bank of Egypt 2024 SR
The report highlights Faisal Islamic Bank of Egypt's (FIBE) sustainability and financial performance for the fiscal year 2024. The bank achieved a record net profit of EGP 11.74 billion, representing a 189% year-over-year increase, while expanding its digital banking platforms to serve over 162,000 online customers. FIBE reduced its Scope 1 and 2 emissions by 9.1% compared to its 2022 baseline, working toward a 42% reduction target by 2030. Additionally, the bank allocated EGP 281.7 million to environmental and social lending projects and distributed EGP 396 million through its Zakat Fund to support healthcare, education, and community development.
Company: Faisal Islamic Bank of Egypt
Sector: Financials
Country: Egypt
Year: 2024
Type: SR
Pages: 128
Faisal Islamic Bank of Egypt
Sustainability Report
The report highlights Faisal Islamic Bank of Egypt's (FIBE) sustainability and financial performance for the fiscal year 2024. The bank achieved a record net profit of EGP 11.74 billion, representing a 189% year-over-year increase, while expanding its digital banking platforms to serve over 162,000 online customers. FIBE reduced its Scope 1 and 2 emissions by 9.1% compared to its 2022 baseline, working toward a 42% reduction target by 2030. Additionally, the bank allocated EGP 281.7 million to environmental and social lending projects and distributed EGP 396 million through its Zakat Fund to support healthcare, education, and community development.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
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 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees