NMB Bank PLC 2022 AR2

The report highlights NMB Bank's financial and non-financial performance for the fiscal year 2021/22. Despite market liquidity challenges, the bank achieved a net profit of NPR 3.29 billion, representing a 21.39% increase from the previous year. NMB Bank became the first bank in Nepal to disclose its carbon footprint, reporting 186,320 tCO2e of Scope 1 and 4,670 tCO2e of Scope 2 emissions from its financed loan portfolio. Additionally, the bank expanded its network to 201 branches and continued its commitment to sustainable banking, including the issuance of local currency Energy Bonds.

Company: NMB Bank PLC

Sector: Financials

Country: Tanzania

Year: 2022

Type: AR2

Pages: 186

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NMB Bank PLC

NMB Bank PLC 2022 Annual Report

Annual Report

The report highlights NMB Bank's financial and non-financial performance for the fiscal year 2021/22. Despite market liquidity challenges, the bank achieved a net profit of NPR 3.29 billion, representing a 21.39% increase from the previous year. NMB Bank became the first bank in Nepal to disclose its carbon footprint, reporting 186,320 tCO2e of Scope 1 and 4,670 tCO2e of Scope 2 emissions from its financed loan portfolio. Additionally, the bank expanded its network to 201 branches and continued its commitment to sustainable banking, including the issuance of local currency Energy Bonds.

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Document Details

Report Year

2022

Reporting Period

Jul 16, 2021 - Jul 16, 2022

Fiscal Year

2022

Published

Jan 9, 2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Employees