Prime Bank PLC 2011 AR2
The report highlights Prime Bank Limited's financial and sustainability performance for the fiscal year 2011. The company achieved a 20.54% growth in net profit before tax, reaching Tk 6,794 million, and expanded its network to 119 branches, including 17 SME branches. Key sustainability initiatives included reinforcing Green Banking guidelines, installing solar energy systems in 11 branches, and donating Tk 271.90 million to the Prime Bank Foundation for education and healthcare projects. Additionally, the bank launched its first overseas finance house, PBL Finance (Hong Kong) Limited, and expanded its alternative delivery channels with 50 new ATMs.
Company: Prime Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2011
Type: AR2
Pages: 392
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Prime Bank PLC
Annual Report
The report highlights Prime Bank Limited's financial and sustainability performance for the fiscal year 2011. The company achieved a 20.54% growth in net profit before tax, reaching Tk 6,794 million, and expanded its network to 119 branches, including 17 SME branches. Key sustainability initiatives included reinforcing Green Banking guidelines, installing solar energy systems in 11 branches, and donating Tk 271.90 million to the Prime Bank Foundation for education and healthcare projects. Additionally, the bank launched its first overseas finance house, PBL Finance (Hong Kong) Limited, and expanded its alternative delivery channels with 50 new ATMs.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Published
Mar 29, 2012
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