Philippine Business Bank Inc 2024 AR2
The report highlights Philippine Business Bank's financial and sustainability performance for the fiscal year 2024. The Bank expanded its branch network to 158 branches, focusing on serving the SME market segment. PBB achieved a net income of PHP 1,782 million and successfully integrated ESG principles into its operations, including migrating to digital loan documentation to reduce paper use. Additionally, the Bank co-financed a PHP 11.45 billion green steel plant project in Batangas and supported renewable energy and infrastructure projects.
Company: Philippine Business Bank Inc
Sector: Financials
Country: Philippines
Year: 2024
Type: AR2
Pages: 262
Philippine Business Bank Inc
The report highlights Philippine Business Bank's financial and sustainability performance for the fiscal year 2024. The Bank expanded its branch network to 158 branches, focusing on serving the SME market segment. PBB achieved a net income of PHP 1,782 million and successfully integrated ESG principles into its operations, including migrating to digital loan documentation to reduce paper use. Additionally, the Bank co-financed a PHP 11.45 billion green steel plant project in Batangas and supported renewable energy and infrastructure projects.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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 2:
Energy Consumption
Renewable Energy
Water Consumption
Workplace Fatalities
Employees