Idlc Finance (IDLC BD)

IDLC Finance Limited engages in investment banking, discretionary portfolio management, and margin lending activities in Bangladesh. It offers small and medium enterprise (SME) finance products, such as SME loans/leases, seasonal and women entrepreneur loans, SME Shachal loans, SME Surakkha and deposit products, revolving short term loans, commercial space and vehicle loans, IDLC Udbhabon, machinery lease, and healthcare finance solutions. The company also provides supplier and distributor finance products, including factoring of accounts receivable, bill/invoice discounting, and work order and distributor financing; and corporate finance products that include lease, project, and green financing products, as well as short term loans and specialized products. In addition, it offers structured finance solutions, such as syndicated fund raising for bonds, commercial paper, preference shares, projects/infrastructure finance, foreign currency loans, private placement of equity refinancing of special funds, securitization of assets, and working capital syndication solutions, as well as corporate advisory, merger and acquisitions, and other services. Further, the company provides consumer finance products, such as home, car, and personal loans, as well as loans against deposit; flexible term deposit and regular earner packages; and treasury products, including overnight borrowing/placement, term deposits, bonds, debentures, commercial paper, preference shares, equity investments, and treasury bills/bonds. Further, it provides capital markets products, such as cash and margin accounts, IPO, margin loans, and discretional portfolio management; and premium brokerage for high networth individuals and institutional and foreign investors. The company was formerly known as Industrial Development Leasing Company of Bangladesh Limited and changed its name to IDLC Finance Limited in August 2007. IDLC Finance Limited was founded in 1985 and is headquartered in Dhaka, Bangladesh.