IDLC Finance PLC 2019 IR
The report highlights IDLC Finance Limited's performance in 2019, during which the company grew its loan portfolio by 10.02% to BDT 92,346 million despite a challenging macroeconomic environment. The company launched several new products, including IDLC Unnati for very small enterprises, Affordable Housing Loans, and the IDLC Shariah Fund. IDLC also expanded its green banking portfolio by 117% to BDT 1,408 million and successfully implemented a Credit Risk Grading model that reduced turnaround times for small-scale loan sanctions by 26%. Additionally, the company contributed BDT 2,242 million to the national exchequer and generated employment for 1,476 people.
Company: IDLC Finance PLC
Sector: Financials
Country: Bangladesh
Year: 2019
Type: IR
Pages: 402
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IDLC Finance PLC
Annual Report
The report highlights IDLC Finance Limited's performance in 2019, during which the company grew its loan portfolio by 10.02% to BDT 92,346 million despite a challenging macroeconomic environment. The company launched several new products, including IDLC Unnati for very small enterprises, Affordable Housing Loans, and the IDLC Shariah Fund. IDLC also expanded its green banking portfolio by 117% to BDT 1,408 million and successfully implemented a Credit Risk Grading model that reduced turnaround times for small-scale loan sanctions by 26%. Additionally, the company contributed BDT 2,242 million to the national exchequer and generated employment for 1,476 people.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees