FCMB Group PLC 2023 AR2
The report highlights FCMB Group Plc's financial and sustainability performance for the fiscal year 2023. The Group achieved a profit after tax of N93.0 billion, representing a 198.8% increase from the previous year, while total assets grew by 48.3% to N4.42 trillion. In terms of sustainability, FCMB expanded its financial inclusion efforts by onboarding nearly 62,000 micro-lending clients and growing its agent network to over 150,000 agents. The Group also advanced its climate action by transitioning 78% of its branches to solar power, achieving a 50% reduction in its carbon footprint. Additionally, FCMB supported food security by increasing agricultural lending by 34% to N177 billion.
Company: FCMB Group PLC
Sector: Financials
Country: Nigeria
Year: 2023
Type: AR2
Pages: 236
FCMB Group PLC
Annual Report & Accounts
The report highlights FCMB Group Plc's financial and sustainability performance for the fiscal year 2023. The Group achieved a profit after tax of N93.0 billion, representing a 198.8% increase from the previous year, while total assets grew by 48.3% to N4.42 trillion. In terms of sustainability, FCMB expanded its financial inclusion efforts by onboarding nearly 62,000 micro-lending clients and growing its agent network to over 150,000 agents. The Group also advanced its climate action by transitioning 78% of its branches to solar power, achieving a 50% reduction in its carbon footprint. Additionally, FCMB supported food security by increasing agricultural lending by 34% to N177 billion.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Women on Board
Women in Management
Net Zero Target
Employees