IPDC Finance PLC 2016 AR2
The report highlights IPDC Finance Limited's strong operating performance and solid balance sheet growth for the fiscal year 2016. The company rebranded from Industrial Promotion and Development Company of Bangladesh Limited to IPDC Finance Limited and expanded its distribution network by opening three new branches. Key achievements include a threefold increase in loans and advances, a record-low classified loan ratio of 0.71%, and a 26.2% growth in net profit. Additionally, the company made significant contributions to the national exchequer and engaged in various corporate social responsibility initiatives focusing on education, healthcare, and environmental sustainability.
Company: IPDC Finance PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2016
Type: AR2
Pages: 155
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IPDC Finance PLC
Annual Report
The report highlights IPDC Finance Limited's strong operating performance and solid balance sheet growth for the fiscal year 2016. The company rebranded from Industrial Promotion and Development Company of Bangladesh Limited to IPDC Finance Limited and expanded its distribution network by opening three new branches. Key achievements include a threefold increase in loans and advances, a record-low classified loan ratio of 0.71%, and a 26.2% growth in net profit. Additionally, the company made significant contributions to the national exchequer and engaged in various corporate social responsibility initiatives focusing on education, healthcare, and environmental sustainability.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees