IFIC Bank PLC 2016 AR2
The report highlights IFIC Bank's financial and operational performance for the fiscal year 2016, marking its 40th anniversary. The bank achieved a 36.88% growth in net profit after tax, reaching BDT 1,214 million, and expanded its branch network to 134 branches. In sustainability, the bank promoted its 'IFIC Green - Earth' product program, disbursing BDT 68 million for green initiatives such as bio-gas plants and vermin compost, alongside BDT 710 million for green industries. Additionally, the bank actively engaged in corporate social responsibility, including donations to the Prime Minister's Relief Fund and educational stipends.
Company: IFIC Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2016
Type: AR2
Pages: 304
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IFIC Bank PLC
Annual Report
The report highlights IFIC Bank's financial and operational performance for the fiscal year 2016, marking its 40th anniversary. The bank achieved a 36.88% growth in net profit after tax, reaching BDT 1,214 million, and expanded its branch network to 134 branches. In sustainability, the bank promoted its 'IFIC Green - Earth' product program, disbursing BDT 68 million for green initiatives such as bio-gas plants and vermin compost, alongside BDT 710 million for green industries. Additionally, the bank actively engaged in corporate social responsibility, including donations to the Prime Minister's Relief Fund and educational stipends.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees