IPDC Finance PLC 2017 AR2
The report highlights IPDC Finance Limited's financial and operational performance for the fiscal year 2017. The company achieved significant growth, with loans and advances increasing by 76.9% to BDT 34,467.0 million and deposits growing by 73.2% to BDT 29,746.9 million. Operating profit rose by 34.1% to BDT 672.7 million, while maintaining an industry-low non-performing loan (NPL) ratio of 0.62%. IPDC expanded its distribution network by opening three new branches in Jessore, Comilla, and Mymensingh. On the sustainability front, the company launched the 'Lady Unbound' program to promote women's financial inclusion and was honored with the ADFIAP Best Corporate Social Responsibility Award.
Company: IPDC Finance PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2017
Type: AR2
Pages: 217
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IPDC Finance PLC
Annual Report
The report highlights IPDC Finance Limited's financial and operational performance for the fiscal year 2017. The company achieved significant growth, with loans and advances increasing by 76.9% to BDT 34,467.0 million and deposits growing by 73.2% to BDT 29,746.9 million. Operating profit rose by 34.1% to BDT 672.7 million, while maintaining an industry-low non-performing loan (NPL) ratio of 0.62%. IPDC expanded its distribution network by opening three new branches in Jessore, Comilla, and Mymensingh. On the sustainability front, the company launched the 'Lady Unbound' program to promote women's financial inclusion and was honored with the ADFIAP Best Corporate Social Responsibility Award.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Feb 28, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees