Kb Prasac Bank PLC 2024 Annual Report with Sustainability Disclosures
The report details KB PRASAC Bank's financial and operational performance for the fiscal year 2024, highlighting its resilience and growth following its official launch as a commercial bank. Key achievements include expanding its gross loan portfolio to USD 5.18 billion and increasing deposits to USD 3.53 billion, serving over 979 thousand depositors. The bank successfully upgraded its core banking system to Oracle FLEXCUBE 14.7 and launched new digital platforms, including the KB PRASAC Mobile app. Additionally, the bank demonstrated its commitment to sustainability by implementing an Environmental, Social, and Governance policy, expanding its library project to 47 schools, and receiving a 'GOLD' Certificate of Tax Compliance.
Company: Kb Prasac Bank PLC
Sector: Finance & insurance
Country: Cambodia
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 146
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Kb Prasac Bank PLC
Annual Report
The report details KB PRASAC Bank's financial and operational performance for the fiscal year 2024, highlighting its resilience and growth following its official launch as a commercial bank. Key achievements include expanding its gross loan portfolio to USD 5.18 billion and increasing deposits to USD 3.53 billion, serving over 979 thousand depositors. The bank successfully upgraded its core banking system to Oracle FLEXCUBE 14.7 and launched new digital platforms, including the KB PRASAC Mobile app. Additionally, the bank demonstrated its commitment to sustainability by implementing an Environmental, Social, and Governance policy, expanding its library project to 47 schools, and receiving a 'GOLD' Certificate of Tax Compliance.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees