Union Capital Ltd 2019 AR2
The report highlights Union Capital Limited's performance and sustainability initiatives for the fiscal year 2019. During the year, the company faced significant challenges due to a liquidity crisis in the financial sector, resulting in a consolidated pre-tax loss of BDT 1,014.56 million. Despite these headwinds, the company prioritized recovering non-performing loans and continued its commitment to corporate social responsibility, including supporting pre-school education programs and distributing blankets to communities in need. Additionally, the company maintained its focus on green banking and environmental risk management in its lending operations.
Company: Union Capital Ltd
Sector: Financials
Country: Bangladesh
Year: 2019
Type: AR2
Pages: 315
Union Capital Ltd
Annual Report
The report highlights Union Capital Limited's performance and sustainability initiatives for the fiscal year 2019. During the year, the company faced significant challenges due to a liquidity crisis in the financial sector, resulting in a consolidated pre-tax loss of BDT 1,014.56 million. Despite these headwinds, the company prioritized recovering non-performing loans and continued its commitment to corporate social responsibility, including supporting pre-school education programs and distributing blankets to communities in need. Additionally, the company maintained its focus on green banking and environmental risk management in its lending operations.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees