IDLC Finance, a non-bank financial institution, has maintained liquid assets significantly above regulatory requirements amid a liquidity crisis affecting many banks due to a dollar shortage. As of December 31, 2023, IDLC’s liquid asset-to-total liabilities ratio was 22%, well above the 5% requirement, while its non-performing loan (NPL) ratio stood at 4.71%. The institution’s deposit and other funds grew by 9% in 2023, with an asset portfolio reaching Tk11,599 crore and total deposits of Tk11,699 crore. Approximately 40% of loans are directed towards SMEs, with 17% benefiting women entrepreneurs. IDLC serves about 250,000 active depositors through a digital platform, reaching an outstanding portfolio of Tk160 crore. In 2023, IDLC’s sustainable finance made up 34.53% of its total loans, exceeding the 20% requirement set by the Bangladesh Bank. The institution has received the Bangladesh Bank Sustainability Award four times and maintains an AAA credit rating for 13 consecutive years, reflecting its strong governance and risk management practices. IDLC’s commitment to transparency and ethical governance positions it as a trusted leader in Bangladesh’s financial sector.
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