Merchant Bank of Sri Lanka & Finance PLC 2012 AR2
The report highlights Merchant Bank of Sri Lanka PLC's performance and sustainability initiatives for the fiscal year 2012. During the year, the company celebrated its 30th anniversary and expanded its network by opening 16 new branches in a single day, bringing the total to 30 customer touchpoints. MBSL continued to grow its microfinance program, Siyath Saviya, which reached 6,858 rural entrepreneurs with total disbursements of LKR 376 million. Despite a challenging macroeconomic environment with rising interest rates, the company achieved a 21% asset growth, with total assets reaching LKR 11.9 billion.
Company: Merchant Bank of Sri Lanka & Finance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2012
Type: AR2
Pages: 240
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Merchant Bank of Sri Lanka & Finance PLC
Annual Report
The report highlights Merchant Bank of Sri Lanka PLC's performance and sustainability initiatives for the fiscal year 2012. During the year, the company celebrated its 30th anniversary and expanded its network by opening 16 new branches in a single day, bringing the total to 30 customer touchpoints. MBSL continued to grow its microfinance program, Siyath Saviya, which reached 6,858 rural entrepreneurs with total disbursements of LKR 376 million. Despite a challenging macroeconomic environment with rising interest rates, the company achieved a 21% asset growth, with total assets reaching LKR 11.9 billion.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees