Prime Bank PLC 2018 AR2
The report highlights Prime Bank's performance and sustainability initiatives for the fiscal year 2018. The bank achieved a net profit of BDT 2,188 million, representing a 106.6% growth compared to the previous year, and maintained a Capital to Risk Weighted Asset Ratio (CRAR) of 17.04%. Prime Bank continued its transition to a centralized banking model, centralizing its liability, cash management, treasury, and remittance operations. In sustainability, the bank fully implemented its Environmental & Social Risk Management (ESRM) policy and was awarded a 'Gold' rank in the Asia Sustainability Reporting Rating 2018. Additionally, the bank's CSR wing, Prime Bank Foundation, continued supporting education and healthcare through its flagship programs.
Company: Prime Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2018
Type: AR2
Pages: 467
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Prime Bank PLC
Annual Report
The report highlights Prime Bank's performance and sustainability initiatives for the fiscal year 2018. The bank achieved a net profit of BDT 2,188 million, representing a 106.6% growth compared to the previous year, and maintained a Capital to Risk Weighted Asset Ratio (CRAR) of 17.04%. Prime Bank continued its transition to a centralized banking model, centralizing its liability, cash management, treasury, and remittance operations. In sustainability, the bank fully implemented its Environmental & Social Risk Management (ESRM) policy and was awarded a 'Gold' rank in the Asia Sustainability Reporting Rating 2018. Additionally, the bank's CSR wing, Prime Bank Foundation, continued supporting education and healthcare through its flagship programs.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
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
Women on Board
Employees