IFIC Bank PLC 2021 AR2
The report highlights IFIC Bank's financial and operational performance for the fiscal year 2021, during which the bank expanded its neighborhood banking network to 890 business centers, including 160 branches and 730 uposhakhas. Financially, the bank achieved a 12.4% growth in deposits to BDT 333,142 million and a 17.0% increase in loans and advances to BDT 305,061 million. In terms of sustainability, IFIC Bank disbursed BDT 11,484.46 million in sustainable finance, including BDT 6,968.73 million in green finance. The bank also prioritized human capital development, recruiting 767 new employees and conducting 279 training programs for over 20,247 participants.
Company: IFIC Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2021
Type: AR2
Pages: 376
IFIC Bank PLC
The report highlights IFIC Bank's financial and operational performance for the fiscal year 2021, during which the bank expanded its neighborhood banking network to 890 business centers, including 160 branches and 730 uposhakhas. Financially, the bank achieved a 12.4% growth in deposits to BDT 333,142 million and a 17.0% increase in loans and advances to BDT 305,061 million. In terms of sustainability, IFIC Bank disbursed BDT 11,484.46 million in sustainable finance, including BDT 6,968.73 million in green finance. The bank also prioritized human capital development, recruiting 767 new employees and conducting 279 training programs for over 20,247 participants.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees