Philippine Business Bank Inc 2020 AR2
The report highlights Philippine Business Bank's performance and sustainability initiatives for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the bank grew its core business, with net interest income increasing by 23.7% year-on-year to Php 5,628 million. To cushion against pandemic-related uncertainties, the bank proactively increased its loan loss reserves to Php 2,336 million. On the sustainability front, the bank continued its community support through the AMY Foundation, providing relief drives, educational materials, and scholarships. Additionally, the bank made progress in digital transformation and implemented robust health and safety protocols for its employees and customers.
Company: Philippine Business Bank Inc
Sector: Financials
Country: Philippines
Year: 2020
Type: AR2
Pages: 308
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Philippine Business Bank Inc
Annual Report
The report highlights Philippine Business Bank's performance and sustainability initiatives for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the bank grew its core business, with net interest income increasing by 23.7% year-on-year to Php 5,628 million. To cushion against pandemic-related uncertainties, the bank proactively increased its loan loss reserves to Php 2,336 million. On the sustainability front, the bank continued its community support through the AMY Foundation, providing relief drives, educational materials, and scholarships. Additionally, the bank made progress in digital transformation and implemented robust health and safety protocols for its employees and customers.
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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
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Water Consumption
Workplace Fatalities
Employees