IPDC’s Q1 revenue up 6.4 times
IPDC Finance in a statement yesterday announced that its revenue for 2021's first quarter had grown 6.4 times that of the same period of 2016.
Meanwhile, customers' deposits had increased 9.2 times and the classified loan ratio was at 0.95 per cent.
The financial highlights alongside benchmarks and key strategies for the post Covid-19 period were announced at a virtual meeting for investors on Tuesday.
Presenting the report on its official Facebook page, Managing Director and CEO Mominul Islam laid emphasis on technology-enabled, socially responsible business models focusing on cottage, micro, small and medium enterprises. Focus should also be on women, young entrepreneurs and lower-middle income households outside Dhaka and Chattogram, he said.
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