Social Islami Bank PLC 2022 AR2
The report highlights Social Islami Bank Limited's (SIBL) financial and operational performance for the fiscal year 2022, emphasizing its transition toward digital banking and financial inclusion. The bank expanded its network to 179 branches, 156 sub-branches, and 322 agent banking outlets, achieving a 37.16% growth in foreign exchange business and a 155.99% increase in remittances. SIBL was recognized by Bangladesh Bank as one of the top ten private commercial banks for green banking, with significant investments in sustainable finance. Additionally, the bank disbursed BDT 208.28 million towards corporate social responsibility initiatives, focusing on health, education, and disaster management.
Company: Social Islami Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2022
Type: AR2
Pages: 440
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Social Islami Bank PLC
Annual Report
The report highlights Social Islami Bank Limited's (SIBL) financial and operational performance for the fiscal year 2022, emphasizing its transition toward digital banking and financial inclusion. The bank expanded its network to 179 branches, 156 sub-branches, and 322 agent banking outlets, achieving a 37.16% growth in foreign exchange business and a 155.99% increase in remittances. SIBL was recognized by Bangladesh Bank as one of the top ten private commercial banks for green banking, with significant investments in sustainable finance. Additionally, the bank disbursed BDT 208.28 million towards corporate social responsibility initiatives, focusing on health, education, and disaster management.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Employees