Standard Bank Group Ltd 2020 AR2
The report highlights Standard Bank Limited's financial and operational performance for the year 2020, as well as its transition to a full-fledged Shari'ah-based Islamic bank starting January 1, 2021. Despite the challenges of the COVID-19 pandemic, the bank maintained a stable position, keeping its non-performing loan ratio at 4.87%. The bank also expanded its digital services, including the up-gradation of its core banking solution and the expansion of its ATM network. Additionally, the bank demonstrated its commitment to corporate social responsibility by contributing BDT 250.40 million to various social, educational, and healthcare initiatives.
Company: Standard Bank Group Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2020
Type: AR2
Pages: 441
Standard Bank Group Ltd
The report highlights Standard Bank Limited's financial and operational performance for the year 2020, as well as its transition to a full-fledged Shari'ah-based Islamic bank starting January 1, 2021. Despite the challenges of the COVID-19 pandemic, the bank maintained a stable position, keeping its non-performing loan ratio at 4.87%. The bank also expanded its digital services, including the up-gradation of its core banking solution and the expansion of its ATM network. Additionally, the bank demonstrated its commitment to corporate social responsibility by contributing BDT 250.40 million to various social, educational, and healthcare initiatives.
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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
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees