COTA Bank Company Profile and Performance

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COTA Bank has its roots in the Middle East and North Africa region, with a presence in several countries including Egypt, Jordan, and Lebanon.

Founded in 1987, COTA Bank has over three decades of experience in the banking industry.

COTA Bank offers a range of financial services including corporate and personal banking, investment banking, and Islamic banking.

With a strong presence in the region, COTA Bank has a significant customer base and a network of branches and ATMs.

Financial Information

COTA Bank has a significant presence in Taiwan, with a total of 30 branches across the country as of 2017. These branches are spread across various cities, including Taichung, Taipei, Xinzhuang, Banqiao, and Nanbu.

The bank has a substantial number of employees, with 1,100 people working for COTA Bank as of 2017. This workforce enables the bank to provide a wide range of financial services to its customers.

COTA Bank has a stable source of customers in various areas, including Taichung, Kaohsiung, Taipei, and other regions. This customer base has contributed to the bank's stable profit over the years.

The bank's total assets stood at NT$9,251,000,000 as of the available data. This significant asset base reflects the bank's growth and expansion over the years.

Here is a summary of COTA Bank's key financial information:

Company Status

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COTA Bank is a licensed digital bank in the Philippines, with a license issued by the Bangko Sentral ng Pilipinas (BSP).

COTA Bank has a strong digital presence, with a mobile app that allows customers to manage their accounts, pay bills, and transfer funds.

The bank's mission is to provide accessible and affordable financial services to Filipinos, with a focus on financial inclusion.

COTA Bank has partnered with various organizations to promote financial literacy and education among its customers.

The bank's customer support is available 24/7, providing assistance to customers through multiple channels.

COTA Bank has implemented robust security measures to protect its customers' sensitive information.

ESG and Company Profile

COTA Commercial Bank has a strong commitment to sustainability, as evident from its UN SDG ESG Transparency Score of 4.8. This score is made up of an environmental score of 3.2, social score of 3.2, and governance score of 8.0.

The bank's governance score of 8.0 suggests that it has a robust system in place for overseeing its operations and ensuring accountability.

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COTA Commercial Bank discloses its parental leave metrics, which is a positive step towards promoting work-life balance for its employees.

The bank's social score of 3.2 indicates that it has made some progress in areas such as gender equality, responsible production and consumption, and life on land.

COTA Commercial Bank does not disclose the pay ratio of women to men, which could be an area for improvement in promoting gender equality.

The bank's governance practices are transparent, with a governance score of 8.0, but it does not report according to TCFD requirements.

COTA Commercial Bank has set energy use targets, which is a positive step towards reducing its environmental impact.

The bank's commitment to sustainability is evident in its governance score of 8.0, which suggests that it has a strong system in place for overseeing its operations.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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