Hong Leong Bank Bhd 2020 AR2
The report highlights Hong Leong Bank Berhad's performance for the fiscal year ended June 30, 2020, showcasing a core net profit after tax of RM2,603 million despite the challenges of the COVID-19 pandemic. The company accelerated its digital transformation, with 86% of retail transactions executed digitally and the launch of its all-new HLB Connect App. In sustainability, the bank committed RM500 million for renewable energy financing over four years, achieving 75% of this target within two years. Additionally, the bank introduced the 'HLB DuitSmart' financial literacy initiative and supported social enterprises through its 'HLB Jumpstart' platform.
Company: Hong Leong Bank Bhd
Sector: Financials
Country: Malaysia
Year: 2020
Type: AR2
Pages: 444
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Hong Leong Bank Bhd
Annual Report
The report highlights Hong Leong Bank Berhad's performance for the fiscal year ended June 30, 2020, showcasing a core net profit after tax of RM2,603 million despite the challenges of the COVID-19 pandemic. The company accelerated its digital transformation, with 86% of retail transactions executed digitally and the launch of its all-new HLB Connect App. In sustainability, the bank committed RM500 million for renewable energy financing over four years, achieving 75% of this target within two years. Additionally, the bank introduced the 'HLB DuitSmart' financial literacy initiative and supported social enterprises through its 'HLB Jumpstart' platform.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Employees