Union Capital Ltd 2023 AR2
The report highlights Union Capital Limited's performance and sustainability initiatives for the fiscal year 2023. Facing severe liquidity challenges, rising non-performing loans, and a sluggish capital market, the company recorded a consolidated net loss of Tk. 6,069.70 million. Despite these difficulties, the company focused on recovery efforts, collecting Tk. 38.18 Crore from classified and written-off accounts. Union Capital Limited remained committed to corporate social responsibility and environmental initiatives, implementing green banking policies, environmental risk management, and supporting community programs such as education for hearing-impaired children.
Company: Union Capital Ltd
Sector: Financials
Country: Bangladesh
Year: 2023
Type: AR2
Pages: 254
Union Capital Ltd
Annual Report
The report highlights Union Capital Limited's performance and sustainability initiatives for the fiscal year 2023. Facing severe liquidity challenges, rising non-performing loans, and a sluggish capital market, the company recorded a consolidated net loss of Tk. 6,069.70 million. Despite these difficulties, the company focused on recovery efforts, collecting Tk. 38.18 Crore from classified and written-off accounts. Union Capital Limited remained committed to corporate social responsibility and environmental initiatives, implementing green banking policies, environmental risk management, and supporting community programs such as education for hearing-impaired children.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees