IPDC Finance receives BB’s sustainability rating recognition

IPDC Finance Limited has been recognised in the Sustainability Rating by the Bangladesh Bank recently.

Only five non-bank financial institutions (NBFIs) made it to the list and IPDC made its place for both the years of 2020 and 2021.

Mominul Islam, managing director and CEO of the NBFI, received the award from Bangladesh Bank Governor Fazle Kabir at the “Sustainable Rating Recognition Ceremony” organised by the central bank, a press release said on Saturday.

The Bangladesh Bank started publishing the Sustainability Rating report in 2020 based on four indicators — Sustainable Finance, Green Refinance, Corporate Social Responsibility (CSR), and Core Banking Sustainability of the banks and NBFIs of the country.

Bangladesh Bank deputy governors Kazi Sayedur Rahman and Abu Farah Md Nasser, Executive Director Nurun Nahar, and Director Khondkar Morshed Millat, among others, were present at the event.

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IPDC Finance MD and CEO Mominul Islam expressed his gratitude to the Bangladesh Bank for the recognition and applauded the initiative of releasing the Sustainability Rating report for 2020 and 2021.

“Such timely initiatives will guide and inspire the financial institutions of the country to act more responsibly in the coming days. Bangladesh’s commitment to meet the SDGs (Sustainable Development Goals) is commendable and IPDC Finance will continue to play an important role in the sustainability affairs,” he added.