Brac, Metropolis Financial institution, IDLC Finance retain prime spots

Star Enterprise Report

Fri Aug 4, 2023 11:00 AM Final replace on: Fri Aug 4, 2023 11:00 AM

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 yr within the central financial institution’s Sustainability Ranking for 2022.

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

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

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

Sustainable finance indicators embody 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 ladies, in-house inexperienced banking performances, setting 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 even be evaluated within the score, in accordance with the central financial institution.

Brac Financial Institution, The Metropolis Financial Institution, and IDLC Finance Ltd had 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 listing 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 had been included within the listing underneath the non-bank monetary establishment class for 2 consecutive years.

Lankan Alliance Finance made it to the listing in the identical class for the primary time for the reason that score 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 ladies, 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 even evaluated within the score, by the central financial institution.