BB’s Sustainability Ranking: Brac, Metropolis Financial institution, IDLC Finance retain high spots

Brac Financial institution, The Metropolis Financial institution and IDLC Finance Ltd have been named as the highest banks and non-banks for the third consecutive 12 months within the central financial institution’s Sustainability Ranking for 2022.

Different banks included within the checklist are Jamuna Financial institution, Prime Financial institution, Shahjalal Islami Financial institution Restricted, Belief Financial institution, and United Industrial Financial institution.

Agrani SME Financing Firm and Bangladesh Finance have been included within the checklist underneath the non-bank monetary establishment class for 2 consecutive years.

Lankan Alliance Finance made it to the checklist in the identical class for the primary time because the ranking was rolled out in 2020.

Sustainable finance indicators embrace banks and monetary establishments’ sustainable finance efficiency, together with inexperienced finance, precedence sustainable agriculture and cottage, micro, small and medium enterprise finance, entry to sustainable finance for girls, in-house inexperienced banking performances, atmosphere and social threat administration compliance, and participation in inexperienced funding.

Well timed intervention by the board of administrators in any sustainable finance points, capacity-building initiatives and sustainable finance disclosures are additionally evaluated within the ranking, in keeping with the central financial institution.