Montepio Geral - Associacao Mutualista 2021 AR2
The report highlights Banco Montepio's return to profitability in 2021, recording a consolidated net income of 6.6 million euros compared to a loss of 80.7 million euros in 2020. The bank made significant progress in its digital transition, launching the APProva authentication app and expanding online personal credit applications. In terms of sustainability, the bank introduced the 'Princípio Sustentável' stamp to identify ESG-aligned initiatives and launched mortgage campaigns with benefits for energy-efficient housing. Additionally, the bank successfully reduced its non-performing exposures ratio to 8.0% and decreased its operating costs by 4.8% excluding non-recurring costs.
Company: Montepio Geral - Associacao Mutualista
Sector: Finance & insurance
Country: Portugal
Year: 2021
Type: AR2
Pages: 654
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Montepio Geral - Associacao Mutualista
Report And Accounts
The report highlights Banco Montepio's return to profitability in 2021, recording a consolidated net income of 6.6 million euros compared to a loss of 80.7 million euros in 2020. The bank made significant progress in its digital transition, launching the APProva authentication app and expanding online personal credit applications. In terms of sustainability, the bank introduced the 'Princípio Sustentável' stamp to identify ESG-aligned initiatives and launched mortgage campaigns with benefits for energy-efficient housing. Additionally, the bank successfully reduced its non-performing exposures ratio to 8.0% and decreased its operating costs by 4.8% excluding non-recurring costs.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
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
Emissions
Scope 1:
Scope 2:
Total Waste
Women on Board
Women in Management
Employees