• Source: IDLC Finance Limited

IDLC Finance PLC, formerly known as Industrial Development Leasing Company of Bangladesh Limited (IDLC), is a multi-product non-banking financial institution with headquarters in Dhaka, Bangladesh. It offers financial services in the form of small and medium enterprise (SME) finance products, supplier and distributor finance, corporate finance, structured finance, retail finance, deposits and treasury products. The IDLC group also provides merchant banking, stock broker and asset management services via its three subsidiaries, IDLC Investments Limited, IDLC Securities Limited and IDLC Asset Management Limited, respectively.




History


IDLC was established in 1985 by the initiation of IFC of the World Bank. The company was formed via collaboration of International Finance Corporation, German Investment and Development Company, Korea Development Financing Corporation, Aga Khan Fund for Economic Development, Kookmin Bank, IPDC Finance Limited of Bangladesh and Sadharan Bima Corporation. It has since emerged as a fully locally owned financial institution.
The Emerging Credit Rating Limited (ECRL) has given AAA long term credit rating and ECRL-1 short term credit rating to the IDLC Finance Limited.




Subsidiaries


The following are the subsidiaries for IDLC Finance PLC:

IDLC Securities Limited
IDLC investments Limited
IDLC Asset Management Limited




See also


IDLC Investments Limited
IDLC Asset Management Limited
IFC
Non-bank financial institution




References






Further reading


"Lease Financing Practices in Bangladesh: A Case Study of IDLC". Dhaka University Journal of Business Studies. 16 (2): 225–237. 1995. OCLC 26910293.
Jahur, Mohammad Saleh; Quadir, S. M. Nasrul (1998). "Performance Evaluation of Some Leasing Companies". The Chittagong University Journal of Commerce. 14: 187–206. OCLC 609319505.
Mohajan, Haradhan Kumar (Spring 2012). "The Lease Financing in Bangladesh: A Satisfied Progress in Business and Industrialization". International Journal of Finance and Policy Analysis. 4 (1): 9–24. ISSN 0974-3499.
Chowdhury, Sarwar A. (13 June 2013). "The aggressive financier". The Daily Star.
"IDLC gets asset management licence". The Daily Star. 14 June 2016.
"Operating income of IDLC mixed in five years". The Financial Express. Dhaka. 22 March 2020.

Kata Kunci Pencarian:

• IDLC Finance Limited
• List of banks in Bangladesh
• BRAC Bank
• List of companies of Bangladesh
• Dhaka
• Local Enterprise Investment Centre
• Bangladesh Finance and Investment Company Limited
• DBL Group
• Habib Group
• Dhaka Bank