Standard Bank PLC 2022 AR2
The report outlines Standard Bank PLC's financial and socio-economic performance in Malawi for the fiscal year 2022. Despite economic challenges such as high inflation and currency devaluation, the company achieved a 58% increase in profit after tax, reaching MK39.2 billion. The company demonstrated its commitment to social, economic, and environmental initiatives by pledging 1% of its net profit after tax to these causes, including education, health, and environmental projects. Key achievements include the facilitation of over 129,000 transactions on the Unayo digital platform to promote financial inclusion and the donation of 20,000 tree seedlings to combat deforestation.
Company: Standard Bank PLC
Sector: Financials
Country: Malawi
Year: 2022
Type: AR2
Pages: 100
Standard Bank PLC
Annual Report
The report outlines Standard Bank PLC's financial and socio-economic performance in Malawi for the fiscal year 2022. Despite economic challenges such as high inflation and currency devaluation, the company achieved a 58% increase in profit after tax, reaching MK39.2 billion. The company demonstrated its commitment to social, economic, and environmental initiatives by pledging 1% of its net profit after tax to these causes, including education, health, and environmental projects. Key achievements include the facilitation of over 129,000 transactions on the Unayo digital platform to promote financial inclusion and the donation of 20,000 tree seedlings to combat deforestation.
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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
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees