Standard Bank PLC (Malawi) 2021 Annual Report with Sustainability Disclosures
The report highlights Standard Bank PLC's financial and socio-economic performance for the fiscal year 2021. The company achieved a profit after tax of MK24.8 billion, representing a 4% increase from the previous year, despite a challenging operating environment. Standard Bank PLC launched Unayo, a digital platform designed to drive financial inclusion, which reached over 72,000 customers by the end of 2021. Additionally, the company invested MK124.7 million in education sponsorships and MK112 million in COVID-19 response initiatives. The bank also partnered with UN Women on a project supporting 10,000 rural women in the groundnut value chain.
Company: Standard Bank PLC (Malawi)
Sector: Finance & insurance
Country: Malawi
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 101
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Standard Bank PLC (Malawi)
Annual Report
The report highlights Standard Bank PLC's financial and socio-economic performance for the fiscal year 2021. The company achieved a profit after tax of MK24.8 billion, representing a 4% increase from the previous year, despite a challenging operating environment. Standard Bank PLC launched Unayo, a digital platform designed to drive financial inclusion, which reached over 72,000 customers by the end of 2021. Additionally, the company invested MK124.7 million in education sponsorships and MK112 million in COVID-19 response initiatives. The bank also partnered with UN Women on a project supporting 10,000 rural women in the groundnut value chain.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Feb 24, 2022
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