IPDC Finance PLC 2019 AR2
The report highlights IPDC Finance Limited's financial and sustainability performance for the fiscal year 2019. The company achieved a 25.0% year-on-year net profit growth and a 14.4% increase in its credit portfolio, while reducing its classified loan ratio to 1.57%. Key milestones included the launch of Orjon, South East Asia's first blockchain-based digital supply chain finance platform, and the implementation of the Temenos T24 core banking system. On the sustainability front, the company launched 'Priti' and 'Joyee' to empower women, expanded its affordable housing finance 'Bhalo Basha' to 52 districts, and continued its commitment to green banking and paperless operations through its E-Doc system.
Company: IPDC Finance PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2019
Type: AR2
Pages: 329
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IPDC Finance PLC
Annual Report
The report highlights IPDC Finance Limited's financial and sustainability performance for the fiscal year 2019. The company achieved a 25.0% year-on-year net profit growth and a 14.4% increase in its credit portfolio, while reducing its classified loan ratio to 1.57%. Key milestones included the launch of Orjon, South East Asia's first blockchain-based digital supply chain finance platform, and the implementation of the Temenos T24 core banking system. On the sustainability front, the company launched 'Priti' and 'Joyee' to empower women, expanded its affordable housing finance 'Bhalo Basha' to 52 districts, and continued its commitment to green banking and paperless operations through its E-Doc system.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Mar 11, 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