Business

BB recognises IPDC Finance for sustainability rating


Published : 02 Jul 2022 08:13 PM

IPDC Finance Limited has recently received Sustainability Rating recognition from Bangladesh Bank. 

The recognition was given at the Sustainability Rating Recognition Ceremony, organized by Bangladesh Bank, where Fazle Kabir, Governor of Bangladesh Bank, handed over the award to Mominul Islam, Managing Director and CEO of IPDC Finance.

Bangladesh Bank started publishing the Sustainability Rating report in 2020. For this report, banks and other financial institutions are rated on the basis of four indicators, namely: Sustainable Finance, Green Refinance, Corporate Social Responsibility (CSR) and Core Banking Sustainability. 

The top 5 non-banking financial institutions were awarded in this rating in 2020 and 2021, and IPDC earned its place in the rankings both times.

Also present at the event were Fazle Kabir, Governor of Bangladesh Bank; Kazi Sayedur Rahman, Deputy Governor; Abu Farah Md. Nasser, Deputy Governor; Nurun Nahar, Executive Director; and Khondkar Morshed Millat, Director, among many others.

Speaking on the occasion, Mominul Islam, Managing Director and CEO of IPDC Finance said, “Bangladesh Bank deserves praise for implementing such a timely initiative as the Sustainability Report. Such initiatives will guide and inspire the financial institutions of the country to act more responsibly in the coming days.”