IPDC Finance donates Tk 20m to PM’s Relief and Welfare Fund

IPDC Finance Limited, the first ever private sector financial institution in Bangladesh, contributes Tk 20 million to Prime Minister's Relief and Welfare Fund.

Chairman of IPDC Finance and former Principal Secretary Md. Abdul Karim handed over the cheque on behalf of IPDC Finance at the Prime Minister's Office recently, according to a press release.

Principal Secretary to Prime Minister Dr. Ahmad Kaikaus accepted the cheque on behalf of the Prime Minister, who joined the handover ceremony herself via video conference and thanked the delegation for coming forward in support of the adversely affected marginal income population.

The press release stated that despite the challenging speculations of the economy, IPDC has been relentlessly working towards helping the society combat the ongoing pandemic.

In association with various trustworthy organisations, IPDC, so far has been providing food and supplies across the country.

IPDC also introduced very timely innovative products and solutions such as Manobota Deposit scheme, wherein IPDC provides one-month food supply for an underprivileged family against the deposit of one lakh Taka.

Besides, IPDC enabled working capital of approximately 40 crore Taka for the retailers under IPDC DANA, country’s only digital retail financing platform, reports UNB.