Malaysia Building Society 2024 IR
The report highlights MBSB Berhad's financial and operational performance for the fiscal year 2024, marking the first full year of integrating MIDF and the launch of its three-year FLIGHT26 strategy. The company achieved a robust Profit Before Tax of RM586 million, representing a 185% increase in core profitability, and grew its revenue by 31.4% to RM3.7 billion. In sustainability, MBSB operationalised its Sustainable and Transition Finance Framework, mobilised RM4.7 billion in sustainable financing, and achieved a 12% reduction in energy consumption at Menara MBSB Bank. Additionally, the Group invested over RM9 million in employee training and development and logged over 6,000 volunteer hours.
Company: Malaysia Building Society
Sector: Finance & insurance
Country: Malaysia
Year: 2024
Type: IR
Pages: 75
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Malaysia Building Society
Integrated Annual Report
The report highlights MBSB Berhad's financial and operational performance for the fiscal year 2024, marking the first full year of integrating MIDF and the launch of its three-year FLIGHT26 strategy. The company achieved a robust Profit Before Tax of RM586 million, representing a 185% increase in core profitability, and grew its revenue by 31.4% to RM3.7 billion. In sustainability, MBSB operationalised its Sustainable and Transition Finance Framework, mobilised RM4.7 billion in sustainable financing, and achieved a 12% reduction in energy consumption at Menara MBSB Bank. Additionally, the Group invested over RM9 million in employee training and development and logged over 6,000 volunteer hours.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
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:
Scope 3:
Energy Consumption
Women in Management
Net Zero Target
Employees