Mercantile Bank PLC 2013 AR2
The report highlights Mercantile Bank Limited's financial and sustainability performance for the fiscal year 2013. Despite political and economic challenges, the bank achieved a 27.01% growth in operating profit, reaching BDT 4,255.70 million. Key sustainability initiatives included the expansion of its mobile banking service 'MyCash' to promote financial inclusion and the implementation of green banking policies, such as financing solar energy and effluent treatment plants. Additionally, the bank contributed BDT 83.10 million to corporate social responsibility projects, focusing on education, healthcare, and disaster relief.
Company: Mercantile Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2013
Type: AR2
Pages: 271
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Mercantile Bank PLC
Annual Report
The report highlights Mercantile Bank Limited's financial and sustainability performance for the fiscal year 2013. Despite political and economic challenges, the bank achieved a 27.01% growth in operating profit, reaching BDT 4,255.70 million. Key sustainability initiatives included the expansion of its mobile banking service 'MyCash' to promote financial inclusion and the implementation of green banking policies, such as financing solar energy and effluent treatment plants. Additionally, the bank contributed BDT 83.10 million to corporate social responsibility projects, focusing on education, healthcare, and disaster relief.
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Document Details
Report Year
2013
Reporting Period
Jan 1, 2013 - Dec 31, 2013
Fiscal Year
2013
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