ICBC Turkey Bank AS 2023 AR2

The report highlights ICBC Turkey's performance in 2023, serving as a financial bridge between Turkey and China. The bank's total assets grew by 64.6% to TL 99.95 billion, with a net profit of TL 1.3 billion. Key achievements include successfully executing its first CIPS transaction and disbursing the first Shibor-indexed RMB investment loan in Turkey for Siro Silk Road's battery project. On sustainability, the bank reduced the fuel consumption of its company vehicles by 49% and donated TL 1 million to AFAD for earthquake relief.

Company: ICBC Turkey Bank AS

Sector: Financials

Country: Turkiye

Year: 2023

Type: AR2

Pages: 260

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ICBC Turkey Bank AS

ICBC Turkey Bank AS 2023 Annual Report

Annual Report

The report highlights ICBC Turkey's performance in 2023, serving as a financial bridge between Turkey and China. The bank's total assets grew by 64.6% to TL 99.95 billion, with a net profit of TL 1.3 billion. Key achievements include successfully executing its first CIPS transaction and disbursing the first Shibor-indexed RMB investment loan in Turkey for Siro Silk Road's battery project. On sustainability, the bank reduced the fuel consumption of its company vehicles by 49% and donated TL 1 million to AFAD for earthquake relief.

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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

Renewable Energy

Water Consumption

Women on Board

Women in Management

Workplace Fatalities

Employees