NRB Bank PLC 2020 AR2
The report highlights NRB Bank Limited's financial and operational performance for the fiscal year 2020, navigating the challenges of the COVID-19 pandemic. The company achieved an operating profit of BDT 950 million, representing a 2.70% growth over the previous year, while significantly increasing its profit after tax by 635% to BDT 671 million. In terms of sustainability, the bank expanded its green financing portfolio to BDT 2,941.25 million, representing 7.57% of its total loan outstanding, with investments in green brick plants, solar panels, and recycling facilities. Additionally, the company spent BDT 42.715 million on corporate social responsibility initiatives, including disaster management and healthcare support, and expanded its financial inclusion efforts to 320 agent banking outlets.
Company: NRB Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2020
Type: AR2
Pages: 216
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NRB Bank PLC
Annual Report
The report highlights NRB Bank Limited's financial and operational performance for the fiscal year 2020, navigating the challenges of the COVID-19 pandemic. The company achieved an operating profit of BDT 950 million, representing a 2.70% growth over the previous year, while significantly increasing its profit after tax by 635% to BDT 671 million. In terms of sustainability, the bank expanded its green financing portfolio to BDT 2,941.25 million, representing 7.57% of its total loan outstanding, with investments in green brick plants, solar panels, and recycling facilities. Additionally, the company spent BDT 42.715 million on corporate social responsibility initiatives, including disaster management and healthcare support, and expanded its financial inclusion efforts to 320 agent banking outlets.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees