IPDC Finance PLC 2020 IR
The report highlights IPDC Finance Limited's financial and sustainability performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a record net profit growth of 25.4% to BDT 706 million and a 16.5% increase in customer deposits. IPDC launched the 'Manobota' deposit scheme to support underprivileged families with food during the pandemic and successfully disbursed BDT 700 million under the government's stimulus package. The company also advanced its digital transformation by scaling up 'Orjon,' South Asia's first blockchain-based digital supply chain finance platform, and preparing for the launch of 'IPDC EZ,' a card-less digital consumer financing solution.
Company: IPDC Finance PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2020
Type: IR
Pages: 358
IPDC Finance PLC
The report highlights IPDC Finance Limited's financial and sustainability performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a record net profit growth of 25.4% to BDT 706 million and a 16.5% increase in customer deposits. IPDC launched the 'Manobota' deposit scheme to support underprivileged families with food during the pandemic and successfully disbursed BDT 700 million under the government's stimulus package. The company also advanced its digital transformation by scaling up 'Orjon,' South Asia's first blockchain-based digital supply chain finance platform, and preparing for the launch of 'IPDC EZ,' a card-less digital consumer financing solution.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 12, 2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees