IDLC Finance PLC 2020 AR2
The report highlights IDLC Finance Limited's performance for the fiscal year 2020, marking its 35th year of operations. Despite the challenges of the COVID-19 pandemic, the company achieved a net profit after tax of BDT 2,541 million, representing a 49% growth from the previous year. IDLC focused on quality growth, digital enablement, and community support, contributing BDT 31 million to pandemic relief. The company maintained a strong capital adequacy ratio of 17.45% on a consolidated basis and restricted non-performing loans to 1.79%.
Company: IDLC Finance PLC
Sector: Financials
Country: Bangladesh
Year: 2020
Type: AR2
Pages: 404
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IDLC Finance PLC
Annual Report
The report highlights IDLC Finance Limited's performance for the fiscal year 2020, marking its 35th year of operations. Despite the challenges of the COVID-19 pandemic, the company achieved a net profit after tax of BDT 2,541 million, representing a 49% growth from the previous year. IDLC focused on quality growth, digital enablement, and community support, contributing BDT 31 million to pandemic relief. The company maintained a strong capital adequacy ratio of 17.45% on a consolidated basis and restricted non-performing loans to 1.79%.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees