Mercantile Bank PLC 2009 AR2
The report highlights Mercantile Bank Limited's performance during 2009, a year marked by global economic challenges where the bank achieved a 29.73% growth in profit before tax. Key milestones included the opening of its 50th branch and the commencement of brokerage house operations to diversify its service offerings. The bank demonstrated a strong commitment to corporate social responsibility, donating BDT 30.62 million towards education, health, and disaster relief through the Mercantile Bank Foundation. Additionally, the bank focused on human capital development, increasing its workforce to 1,303 employees and providing extensive training to enhance professional efficiency.
Company: Mercantile Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2009
Type: AR2
Pages: 155
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Mercantile Bank PLC
Annual Report
The report highlights Mercantile Bank Limited's performance during 2009, a year marked by global economic challenges where the bank achieved a 29.73% growth in profit before tax. Key milestones included the opening of its 50th branch and the commencement of brokerage house operations to diversify its service offerings. The bank demonstrated a strong commitment to corporate social responsibility, donating BDT 30.62 million towards education, health, and disaster relief through the Mercantile Bank Foundation. Additionally, the bank focused on human capital development, increasing its workforce to 1,303 employees and providing extensive training to enhance professional efficiency.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees