IPDC Finance Ltd, the first private-sector financial institution of Bangladesh since 1981, was awarded Outstanding Development Project Award by Philippines-based Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), said a statement.
IPDC was adorned with the accolade by the ADFIAP Awards Board in Category 5 (Technology Development) for its Supply Chain Finance project. The awarding committee handed over the award to the winner during the 43rd ADFIAP Virtual Annual Meeting held recently.
Since 1997, ADFIAP honours member banks or non-banking financial institutions that undertake or assist projects that have created a development impact in their respective countries.
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