Idlc Finance Ltd (IDLC)

IDLC Finance PLC., together with its subsidiaries, operates as a financial institution in Bangladesh. It offers consumer products, such as home, car, and personal loans, as well as deposit products; and term loans, SME leases, loans for women and new entrepreneurs, Abashan and Shachal loans, working capital loans, seasonal loans, commercial space loans, and commercial vehicle loans, as well as loan products catering to the SMEs transitioning to the corporate segment. The company also provides lease financing, term loans for vehicles, bridge loans, factoring of accounts receivable, work order, distributor financing, corporate factoring, zero coupon bonds, coupon bearing bonds, convertible bonds, and commercial papers; debt and working capital syndication, agency and trusteeship, balance sheet restructuring, arrangement of private equity and preference shares, and preparation of feasibility study, as well as corporate advisory services for mergers and acquisitions, initial public offering, and joint venture making. In addition, the company offers green finance comprising renewable and alternative energy, energy and resource efficiency, liquid and solid waste management, circular economy and eco- projects financing, environment friendly brick production, green/environment friendly establishments, green agriculture, green CMSME and socially responsible financing, information and communication technology, sustainable agriculture, sustainable MSME and linked socially responsible financing, and other sustainable linked finance, as well as cash, margin and non-margin accounts. Further, it provides brokerage; easy IPO; mutual and investment funds; and fund and portfolio management, investment banking, and portfolio advisory services. The company was formerly known as IDLC Finance Limited and changed its name to IDLC Finance PLC. in December 2023. IDLC Finance PLC. was incorporated in 1985 and is headquartered in Dhaka, Bangladesh.