United Arab Bank PJSC 2022 IR
The report outlines United Arab Bank's financial and sustainability performance for the fiscal year 2022. The bank achieved a net profit of AED 155 million, representing a 120% increase from the previous year, driven by improved operating performance and disciplined cost control. On the ESG front, the bank successfully reduced its paper consumption by 42% and planted 1,000 mangrove trees in Sharjah as part of its "Mangrove of Hope" campaign. Additionally, UAB achieved a 23.3% Emiratization rate, surpassing the national average, and maintained a strong focus on digital transformation and customer experience.
Company: United Arab Bank PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2022
Type: IR
Pages: 138
United Arab Bank PJSC
Integrated Report
The report outlines United Arab Bank's financial and sustainability performance for the fiscal year 2022. The bank achieved a net profit of AED 155 million, representing a 120% increase from the previous year, driven by improved operating performance and disciplined cost control. On the ESG front, the bank successfully reduced its paper consumption by 42% and planted 1,000 mangrove trees in Sharjah as part of its "Mangrove of Hope" campaign. Additionally, UAB achieved a 23.3% Emiratization rate, surpassing the national average, and maintained a strong focus on digital transformation and customer experience.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Feb 9, 2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees