IPDC Finance PLC 2018 AR2
The report highlights IPDC Finance Limited's strong financial and operational performance for the fiscal year 2018, with total assets growing by 28.6% to BDT 50,511 million and net profit increasing by 34.2% to BDT 450 million. The company expanded its retail and SME portfolios, notably launching 'Orjon,' a digital supply chain finance platform backed by blockchain technology, and 'Joyee' for female entrepreneurs. IPDC maintained a low classified loan ratio of 2.14% and a capital adequacy ratio of 14.01%. Additionally, the company demonstrated its commitment to sustainability through green banking initiatives, paperless operations via its E-Doc system, and community development projects like the Ucchash School.
Company: IPDC Finance PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2018
Type: AR2
Pages: 326
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IPDC Finance PLC
Annual Report
The report highlights IPDC Finance Limited's strong financial and operational performance for the fiscal year 2018, with total assets growing by 28.6% to BDT 50,511 million and net profit increasing by 34.2% to BDT 450 million. The company expanded its retail and SME portfolios, notably launching 'Orjon,' a digital supply chain finance platform backed by blockchain technology, and 'Joyee' for female entrepreneurs. IPDC maintained a low classified loan ratio of 2.14% and a capital adequacy ratio of 14.01%. Additionally, the company demonstrated its commitment to sustainability through green banking initiatives, paperless operations via its E-Doc system, and community development projects like the Ucchash School.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Mar 6, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees