Assignment on Idlc
INTRODUCTION
One of the renowned names in Bangladesh financial market is Industrial Development & Leasing Company (IDLC) of Bangladesh Limited. It started its operation in the year 1985 as the pioneer leasing company to facilitate lease-financing and capital investment in industrial sector with the view of “Become the best performing and most innovative financial solutions provider in the country”. Over the years the company has evolved itself as a multi-product non-banking financial institution providing wide range of products and services. In 1995, IDLC was licensed as a Financial Institution by the country's central bank and during the last two decades, the company has grown in pace with the country's growing economy.
History of IDLC
On May 23rd 1985, the IDLC of Bangladesh Limited was incorporated as a joint venture public limited company with the multinational collaboration of five foreign and three domestic financial institutions. The company maneuvered its strategic focus to service diversification in 1994 by launching its deposits schemes.
In 1997, IDLC introduced Real Estate Financing and Short term Financing. During the period of 1998 and 1999, the company broadened its activities into the areas of corporate financing, underwriting, issue management, syndication and other investment banking related services and evolved as a truly multi product financial institution.
Major Ideologies & guiding principles of IDLC
IDLC is a multi-product financial institution offering an array of diverse financial services and solutions to institutional and individual clients to meet their diverse and unique requirements. Following are the Major Ideologies & guiding principles that shape the organizational practice of IDLC.
Customer first: IDLC has grown with its customers, who are believed to be the center of all actions. As the crux of IDLC’s corporate philosophy, customer service gets the highest priority.
Innovation: IDLC has continuously
One of the renowned names in Bangladesh financial market is Industrial Development & Leasing Company (IDLC) of Bangladesh Limited. It started its operation in the year 1985 as the pioneer leasing company to facilitate lease-financing and capital investment in industrial sector with the view of “Become the best performing and most innovative financial solutions provider in the country”. Over the years the company has evolved itself as a multi-product non-banking financial institution providing wide range of products and services. In 1995, IDLC was licensed as a Financial Institution by the country's central bank and during the last two decades, the company has grown in pace with the country's growing economy.
History of IDLC
On May 23rd 1985, the IDLC of Bangladesh Limited was incorporated as a joint venture public limited company with the multinational collaboration of five foreign and three domestic financial institutions. The company maneuvered its strategic focus to service diversification in 1994 by launching its deposits schemes.
In 1997, IDLC introduced Real Estate Financing and Short term Financing. During the period of 1998 and 1999, the company broadened its activities into the areas of corporate financing, underwriting, issue management, syndication and other investment banking related services and evolved as a truly multi product financial institution.
Major Ideologies & guiding principles of IDLC
IDLC is a multi-product financial institution offering an array of diverse financial services and solutions to institutional and individual clients to meet their diverse and unique requirements. Following are the Major Ideologies & guiding principles that shape the organizational practice of IDLC.
Customer first: IDLC has grown with its customers, who are believed to be the center of all actions. As the crux of IDLC’s corporate philosophy, customer service gets the highest priority.
Innovation: IDLC has continuously