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IPDC Finance, one of Bangladesh's leading non-bank financial institutions, recorded a 45.3 per cent year-on-year increase in profit to Tk 150 million in the first half of 2025, driven primarily by a robust growth in investment income.
Gross interest income grew 9.9 per cent year-on-year to Tk 4,643 million. However, interest expenses surged by 22.8 per cent to Tk 3,690 million for higher deposit costs, multiple policy rate hikes by the Bangladesh Bank, and broader macroeconomic headwinds, according to a press release issued by the NBFI on Monday.
Total investment income soared by 158.6 per cent year-on-year to Tk 565 million in the six months to June, fueled by better returns from Treasury operations and favorable trends in the capital market.
Despite the sharp growth in investment earnings, elevated fund costs limited overall operating income growth to a modest 4.1 per cent in H1, 2025, compared to the same period of the previous year.
Operating income in the quarter to June this year amounted to Tk 844 million, an 11.4 per cent increase from the previous quarter.
IPDC kept operating expenses in check through strategic cost management, selective hiring, and enhanced operating efficiency, reads the statement.
As a result, expenses rose only 5 per cent year-on-year to Tk 781 million.
As of June, the company's total loans, leases, and investment portfolio stood at Tk 84,384 million, registering a 6.8 per cent rise from the level of December last year. The investment portfolio-which includes government securities and other financial instruments-rose by 36.4 per cent, while loans and advances posted a more modest 2.7 per cent growth.
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