Mercantile Bank PLC 2021 IR
The report highlights Mercantile Bank Limited's financial and operational performance for the fiscal year 2021, showcasing its resilience and recovery from the COVID-19 pandemic. The bank achieved a pre-tax profit of BDT 6,112.12 million, representing a significant growth of 54.83% over the previous year. It successfully expanded its financial inclusion initiatives through the launch of 19 new sub-branches, 162 agent banking outlets, and the 'MBL Rainbow' digital banking app. Additionally, the bank demonstrated its commitment to sustainability by aligning its operations with the UN Sustainable Development Goals, investing in green finance projects, and contributing BDT 216.23 million to corporate social responsibility initiatives.
Company: Mercantile Bank PLC
Sector: Financials
Country: Bangladesh
Year: 2021
Type: IR
Pages: 504
Mercantile Bank PLC
Annual Report
The report highlights Mercantile Bank Limited's financial and operational performance for the fiscal year 2021, showcasing its resilience and recovery from the COVID-19 pandemic. The bank achieved a pre-tax profit of BDT 6,112.12 million, representing a significant growth of 54.83% over the previous year. It successfully expanded its financial inclusion initiatives through the launch of 19 new sub-branches, 162 agent banking outlets, and the 'MBL Rainbow' digital banking app. Additionally, the bank demonstrated its commitment to sustainability by aligning its operations with the UN Sustainable Development Goals, investing in green finance projects, and contributing BDT 216.23 million to corporate social responsibility initiatives.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees