IPDC Finance again receives Bangladesh Bank’s sustainability rating

IPDC Finance Limited has recently been recognised in the "Sustainability Rating" by Bangladesh Bank for 2021.

This is the second consecutive year for IPDC to receive such recognition from the banking watchdog.

Bangladesh Bank started publishing the Sustainability Rating report in 2020 based on four indicators -- sustainable finance, green refinance, corporate social responsibility and core banking sustainability of the banks and NBFIs of the country.

Only five non-bank financial institutions made it to the list and IPDC made it to the list in 2020 and 2021, IPDC Finance said in a press release.

IPDC Finance's Managing Director and CEO Mominul Islam received the award from Bangladesh Bank Governor Fazle Kabir at the "Sustainable Rating Recognition Ceremony" organised by the central bank at its headquarters in Dhaka on June 30.

The IPDC CEO expressed his gratitude to Bangladesh Bank and applauded the initiative of releasing the Sustainability Rating report for 2020 and 2021.

"Such timely initiatives will guide and inspire the country's financial institutions to act more responsibly in the coming days."

Bangladesh's commitment to meeting the sustainable development goals is commendable and IPDC Finance will continue to play an important role in sustainability affairs, he added.