IDLC marks silver jubilee

Bangladesh Bank Governor Atiur Rahman, centre, is seen with IDLC Finance Chairman Anwarul Huq, left, at IDLC's silver jubilee celebration in Dhaka recently. IDLC Managing Director Selim RF Hussain is also seen. Photo: IDLC Finance

IDLC Finance has recently celebrated its silver jubilee of operations in Bangladesh.
Bangladesh Bank Governor Atiur Rahman attended the function as chief guest.
Rahman also asked all non-bank financial institutions (NBFIs) to continue focusing on liquidity and capital management and improved risk management to bring stability to the sector.
Anwarul Huq, IDLC chairman, and Selim RF Hussain, managing director, joined the programme along with many other dignitaries, diplomats, senior officials from the financial sector and corporate houses.
IDLC began its operations in 1985, as Bangladesh's first leasing company.
Over the years, the company has become the "largest and most profitable" multi-product NBFI in Bangladesh, it said in a statement.
Now the organisation has 18 branches in four cities employing more than 560 staff. It has diversified into the corporate, SME, retail and capital market segments.