Industrial Promotion and Development Company of Bangladesh Ltd. (IPDC)

Hosna Centre (4th Floor) 106, Gulshan Avenue, Dhaka-1212

Telephone : +8802-09612-885533, 55068931-36
Fax : 9885529 9885531
E-mail :
Website :

Industrial Promotion and Development Company of Bangladesh Limited (IPDC) is the first private sector financial institution of the country established in 1981 by a distinguished group of shareholders namely International Finance Corporation (IFC), USA, German Investment and Development Company (DEG), Germany, The Aga Khan Fund for Economic Development (AKFED), Switzerland, Commonwealth Development Corporation (CDC), UK and the Government of Bangladesh. Since its inception, IPDC has played a pivotal role in reshaping the private sector industrialization of the country through innovative financial products and services. Today IPDC is a diversified financial institution with a wide range of products and services covering corporate finance and advisory services, middle market supply chain finance, retail wealth management and retail finances. In early 2004 AKFED acquired 70% stake in IPDC by purchasing the shares from IFC, CDC and DEG. In 2006, the shareholding structure was changed by issuance of public shares with AKFED maintaining the management control of the company holding 51% of the shares. In 2015, BRAC (25%), Ayesha Abed Foundation (10%), RSA Capital Limited (5%) acquired 40% shares from AKFED with AKFED retaining 11.05% of the shares. The rest are owned by Government of People’s Republic of Bangladesh (21.88%) and General Public (27.07%). IPDC Board of Directors has eleven members, GOB 2, BRAC 3, Ayesha Abed Foundation 1, AKFED 1, RSA Capital Limited 1, Independent 2, Managing Director (Ex-officio) 1.

Get in Touch

Contact Address
Suvastu Tower (6th Floor)
69/1, Panthapath, Dhaka 1205,

Tel: +880-2-9676698, 9641286
Fax: +880-2-9641287