Corporate News

We are pleased to invite our clients and partners to explore our IDB Bank 2024 Annual Report, as we share our continued financial strength and growing momentum across the regions we serve.

Our 2024 results speak strongly to our disciplined execution of our long-term strategy, and continued commitment to responsible governance and client success in a shifting macroeconomic environment, resulting in a nearly 40% increase in net income and meaningful growth across both our credit and deposits portfolios.

• Total Assetsof $13.86B, signaling a year-over-year increase of 13.4%.
• Net Income of $89.2MM, compared with $64.0MM in 2023, a 39.5% increase.
• ROE of 7.1%, compared with 5.5% in 2023.
• Total Incomeof $405.4MM, compared with $380.4MM in 2023, a 6.6% increase.
• Provision for credit losses of $2.5MM, compared to $8.4MM in FY2023.
• Net Loan Portfolio reached $9.24B, compared to $8.10B in 2023, a 14.0% increase.
• Total Deposits reached $12.07B, compared to $10.32B, a 16.9% increase.
• Common Equity Tier-1 Capital was 13.9%.

Read our IDB Bank 2024 Annual Report Here

This resource is an important snapshot of our 2024 performance, key financial results, client insights and meaningful business deals.