Mercantile Bank PLC 2022 IR
The report highlights Mercantile Bank Limited's financial and sustainability performance for the fiscal year 2022. Despite global economic challenges, the bank achieved an operating profit of BDT 7,138.89 million and expanded its network to 152 branches and 30 sub-branches. The bank disbursed BDT 473.40 million for green banking projects and supported 70,259 rural farmers through agricultural credit. Additionally, the bank strengthened its digital presence with the MBL Rainbow app and expanded financial inclusion through 187 agent banking outlets.
Company: Mercantile Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2022
Type: IR
Pages: 536
Mercantile Bank PLC
The report highlights Mercantile Bank Limited's financial and sustainability performance for the fiscal year 2022. Despite global economic challenges, the bank achieved an operating profit of BDT 7,138.89 million and expanded its network to 152 branches and 30 sub-branches. The bank disbursed BDT 473.40 million for green banking projects and supported 70,259 rural farmers through agricultural credit. Additionally, the bank strengthened its digital presence with the MBL Rainbow app and expanded financial inclusion through 187 agent banking outlets.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees