Mercantile Bank PLC 2016 AR2
The report highlights Mercantile Bank Limited's financial and operational performance for the fiscal year 2016. During the year, the bank achieved an operating profit of BDT 4,436.44 million, representing an 11.58% growth compared to 2015, and a net profit after tax of BDT 2,227.36 million. The bank expanded its network to 119 branches and successfully implemented its Green Banking Policy, powering 33 branches with solar energy. Additionally, the bank contributed BDT 66.90 million to corporate social responsibility initiatives, including the 'Mercantile Bank Abdul Jalil Education Scholarship' program which benefited 837 students.
Company: Mercantile Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2016
Type: AR2
Pages: 316
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Mercantile Bank PLC
Annual Report
The report highlights Mercantile Bank Limited's financial and operational performance for the fiscal year 2016. During the year, the bank achieved an operating profit of BDT 4,436.44 million, representing an 11.58% growth compared to 2015, and a net profit after tax of BDT 2,227.36 million. The bank expanded its network to 119 branches and successfully implemented its Green Banking Policy, powering 33 branches with solar energy. Additionally, the bank contributed BDT 66.90 million to corporate social responsibility initiatives, including the 'Mercantile Bank Abdul Jalil Education Scholarship' program which benefited 837 students.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees