IDCOL has won the Second Prize of the 'ICMAB Best Corporate Award 2014’ in the catagory of “Non-Bank Financial Institutions”. On IDCOL’s behalf, Mr. Mahmood Malik, Executive Director & CEO, IDCOL and Mr. S. M. Monirul Islam, CFO & Head of Operations, IDCOL received the prestigious award from Mr. Abul Maal Abdul Muhit, Hon’ble Minister, Ministry of Finance, Government of the Peoples Republic of Bangladesh at the award giving ceremony on 20 January 2015 at the Pan Pacific Sonargaon Hotel, Dhaka.
The award has been presented based on the publicly disclosed information in the Annual Report for the FY 2012-13 and other information as required by the Award Selection Committee. Apart from the disclosures in the Annual Audited Financial Statements, other performance indicators including capital adequacy, profitability, liquidity, corporate governance, market share, contribution to the national exchequer, asset quality, CSR, risk management, regulatory compliance etc. have also been considered for the award.