Industrial and Infrastructure Development Finance Company Limited
Open-knowledge reference entry
Industrial and Infrastructure Development Finance Company Limited (IIDFC) is a non-bank financial institution in Bangladesh. Md Golam Sarwar Bhuiyan is the managing director of Industrial and Infrastructure Development Finance Company Limited.
Financial scamster Prashanta Kumar Halder was the managing director of Industrial and Infrastructure Development Finance Company Limited in 2008.
History
Industrial and Infrastructure Development Finance Company Limited was established in 2000. Mohammed Matiul Islam, first finance secretary of Bangladesh, was the founding chairman. It received its license on 23 January 2001 from Bangladesh Bank.
In February 2007, Investment Promotion Financing Facility became eligible to participate in the Investment Promotion Financing Facility organized by International Development Association and Bangladesh Bank. Bangladesh Bank, under governor Salehuddin Ahmed, asked it to float its shares on the stock exchange. It led a syndicated loan for Charka Textile Limited, a subsidiary of PRAN-RFL Group. It provided 1.93 billion BDT loan to BSRM Iron and Steel Co Limited, a subsidiary of BSRM Group.
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This entry incorporates text from “Industrial and Infrastructure Development Finance Company Limited” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.