IPDC partners with Mashrafe

IPDC Finance Limited, the first private financial institution of Bangladesh established in 1981, signed an agreement with Narail Express Foundation on a three years partnership agreement today at Capital’s Westin Hotel.

Mashrafe Bin Mortaza, Captain of Bangladesh Cricket Team & Chairman of Narail Express Foundation & Mr. Mominul Islam, Managing Director & CEO of IPDC Finance Limited signed the partnership agreement on behalf of their organization. Mr. Rizwan D. Shams, GM & Head of Business, IPDC Finance Limited; Mrs. Mahzabin Ferdous, Head of Corporate Communication, IPDC Finance Limited and other high officials from both the organization were present during the signing ceremony.

Later on a press conference Mashrafe Bin Mortaza said, “We see a dream of changing the education, health, ICT, tourism, culture and sports of the people of Narail through Narail IPDC-Mashrafe AgreementExpress Foundation. The foundation cannot implement this dream alone. I warmly welcome IPDC Finance Limited to help us in giving trainings to the talented players of Narail. I hope that, the relation with IPDC with Narail Express Foundation stays strong in future.’’

Mr. Mominul Islam said, ‘’IPDC Finance always try to support the projects which enables long lasting social impact. In our country, sometimes we lose talented players from grassroots level because of lack of proper trainings and opportunities. That’s why IPDC have partnered with Narail Express Foundation to build future talented players. We hope that someday the best player from rural areas will lead Bangladesh National Cricket Team through this partnership and we will be there for Narail Express in future. We are confident that, the way Mashrafe is leading the National Cricket Team, he will be able to lead this noble initiative the same way.’’

Under the agreement, IPDC Finance has committed to be a mutually exclusive partner in the Narail Express’s vision to provide sports training in the district. IPDC Finance will deliver all kind of support to Narail Express Foundation to ensure the best in class sports training facility in Narail. The foundation shall begin with a cricket and football academy in its initial stage. 60 students to be trained within the age group of 16 to 18 years. Besides, IPDC Finance shall be the mutually exclusive partner in the establishment of a gym in Narail.

About IPDC Finance Limited

IPDC Finance Limited (previously known as “Industrial Promotion and Development Company of Bangladesh Limited”) was founded and established by a distinguished group of shareholders namely Government of Bangladesh (Ministry of Industries and Ministry of Finance), International Finance Corporation (IFC), USA, German Investment and Development Company (DEG), Germany, The Aga Khan Fund for Economic Development (AKFED), Switzerland, and Commonwealth Development Corporation (CDC), UK. From the very inception, IPDC on record has been playing an instrumental role in building up the nation when it was in the phase of dire need. Yet again IPDC emerged to rise to the latent demands of the people, when the nation witnesses an era of exponential growth, which were least expected from any financial institution so far. It’s acting as a catalyst for expansion of industrial, commercial and educational sectors’. BRAC, the largest non-governmental organization of the world came in the picture as the major shareholder of IPDC Finance Limited. Subsequently, IPDC formulated a long-term strategy considering the challenges and opportunities posed by the Bangladesh economy in next few years. IPDC has realigned their focus on nationwide spread with diversified services to steer up its next phase of growth. To become the most passionate financial brand in the country with special focus on youth, women and underserved areas. IPDC Finance Limited has setup a new road map considering the implementation of a set of new strategies for the upcoming years. These strategies include ‘A Home for Every Family’, ‘Empowering Women’, ‘Creating Entrepreneurs’, ‘Beyond Mega Cities’ and ‘Bring Convenience at Home’. In line with its vision to be the most passionate financial brand in the country, it has embraced a new logo and a pay off line “Jaago Ucchashe” that speaks loud of its perception behind the revamp of IPDC. IPDC not only promotes its offerings rather provide financial assistance by guiding the customers to reach the best fit for them in any FIs or banks. This way IPDC serves its customers to reach their goals conveniently and live their life unbound.

About Narail Express Foundation

Bangladesh ODI captain Mashrafe Bin Mortaza founded Narail Express Foundation on 4th September 2017 for ensuring development of his home district. The foundation aims to achieve six specific goals which are; offer modern facilities for citizens, transform the Narail town into an ICT and environment friendly one, specialized education system including ethical and humane education system establishment, create employment opportunity, increase cultural activities, provide sports training and lastly set up a tourism hub in Chitra river.


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