People’s Bank recognized at SAFA Awards for its 2020 Annual Report

People’s Bank Annual Report 2020 was awarded the First Runner-up in the “Public Sector Banks” category at the South Asian Federation of Accountants (SAFA) Best Presented Annual Report Awards.

People’s Bank Annual Report 2020 is the sixth Integrated Annual Report of the Bank and was designed and created under the theme of “Pride of the Nation”. The Annual Report, presented in two books, covers the operations of People’s Bank and its subsidiaries People’s Leasing & Finance PLC and People’s Travels (Pvt) Ltd. It provides a transparent assessment of the Bank’s performance in line with its strategy, created value for the Bank’s stakeholders, operating context, governance and operations of the Bank during the 12-month period ending 31 December 2020. It addresses the six capitals defined the International reporting framework. These include Financial Capital, Manufactured Capital, Intellectual Capital, Human Capital, Social and Relationship Capital and Natural Capital.

Continuing the Bank’s pursuit of excellence in corporate reporting, the Annual Report provides a balanced review of the Bank’s performance, in a concise but comprehensive manner. The Report, which builds on the 2019 Annual Report, is consistent with the Bank’s annual reporting cycle for both financial and sustainability reporting. It focuses on People’s Bank response to the COVID-19 pandemic and the ways in which the Bank has adapted to new ways of working and details plans for its future.