IPDC opens branch at Dhanmondi
Tuesday, 24 July 2007
FE Report
Industrial Promotion and Development Company of Bangladesh Ltd (IPDC) opened its newest branch in the city's Dhanmondi area Saturday.
Ministry of Industries Secretary and IPDC Chairman Md Nurul Amin inaugurated the branch.
Among others, IPDC Managing Director and CEO Shah A Sarwar and directors Shabir Kassam, Altaf Hussain, Sulaiman Ajanee, Ashraf Ali, Lucas Xavier and Shahid Mahmood, IDLC CEO and Managing Director and Bangladesh Leasing and Financial Companies Association Chairman Anis a Khan, and Supreme Court of Bangladesh senior advocate M Zahir were also present on the occasion.
Opening of IPDC's new branch at Dhanmondi brings a number of services like fixed deposit, double-deposit scheme, deposit premium scheme, monthly profit scheme, millionaire deposit scheme, interest first fixed deposit and auto loan etc for the individual and institutional customers of the area.
IPDC is the first financial institution in the country with shareholding by the Government of Bangladesh (22 per cent), Aga Khan Fund for Economic Development (51 per cent) and general shareholders (27 per cent).
IPDC has an equity base of about Tk 1,600 million (160 crore), which is the highest among all the financial institutions of the country.
Industrial Promotion and Development Company of Bangladesh Ltd (IPDC) opened its newest branch in the city's Dhanmondi area Saturday.
Ministry of Industries Secretary and IPDC Chairman Md Nurul Amin inaugurated the branch.
Among others, IPDC Managing Director and CEO Shah A Sarwar and directors Shabir Kassam, Altaf Hussain, Sulaiman Ajanee, Ashraf Ali, Lucas Xavier and Shahid Mahmood, IDLC CEO and Managing Director and Bangladesh Leasing and Financial Companies Association Chairman Anis a Khan, and Supreme Court of Bangladesh senior advocate M Zahir were also present on the occasion.
Opening of IPDC's new branch at Dhanmondi brings a number of services like fixed deposit, double-deposit scheme, deposit premium scheme, monthly profit scheme, millionaire deposit scheme, interest first fixed deposit and auto loan etc for the individual and institutional customers of the area.
IPDC is the first financial institution in the country with shareholding by the Government of Bangladesh (22 per cent), Aga Khan Fund for Economic Development (51 per cent) and general shareholders (27 per cent).
IPDC has an equity base of about Tk 1,600 million (160 crore), which is the highest among all the financial institutions of the country.