Union Capital Ltd 2018 AR2
The report highlights Union Capital Limited's performance and sustainability initiatives for the fiscal year 2018. Despite facing a challenging business environment marked by a liquidity crisis and a bearish capital market, the company maintained its standalone non-performing loan (NPL) ratio at 9.68% and achieved a capital adequacy ratio of 12.53%. The group's consolidated pre-tax profit was recorded at BDT 185 million, representing a negative growth of 34.14% compared to the previous year. On the sustainability front, the company continued its commitment to responsible business practices, including environmental risk management in credit appraisals and supporting community education programs.
Company: Union Capital Ltd
Sector: Finance & insurance
Country: Bangladesh
Year: 2018
Type: AR2
Pages: 313
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Union Capital Ltd
Annual Report
The report highlights Union Capital Limited's performance and sustainability initiatives for the fiscal year 2018. Despite facing a challenging business environment marked by a liquidity crisis and a bearish capital market, the company maintained its standalone non-performing loan (NPL) ratio at 9.68% and achieved a capital adequacy ratio of 12.53%. The group's consolidated pre-tax profit was recorded at BDT 185 million, representing a negative growth of 34.14% compared to the previous year. On the sustainability front, the company continued its commitment to responsible business practices, including environmental risk management in credit appraisals and supporting community education 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
Employees