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

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FCMB Group PLC

FCMB Group PLC 2023 Annual Report & Accounts

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