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November 21, 2019
IDCOL wins the Financial Innovation Award 2019 under the Best Sustainable Finance Initiative category for implementing Solar Irrigation Pump Project in Bangladesh.

IDCOL won the prestigious Financial Innovation Award (FIA) 2019 under the category for implementing Solar Irrigation Pump Project. Mr. S.M. Monirul Islam, Deputy CEO & CFO received the award on behalf of IDCOL on 21st November 2019 in a ceremony held at a hotel in the United Kingdom.


IDCOL and HSBC UK were nominated as finalists under the category. The award was given to IDCOL based on the successful introduction of green finance initiative to smallholder collectives and farmers through an innovative business model. IDCOL is the first organization from Bangladesh to receive this prestigious award.  


The award was given by The London Institute of Banking and Finance (LIBF), a 140 year old registered charity and a professional body, incorporated by Royal Charter. LIBF has been recognizing best practice, product innovation and projects that have a positive impact on the finance sector, consumers and communities across the globe since 1998. Winners from previous years include Barclays Bank, Lloyds Banking Group, Sberbank of Russia, HSBC, Azuri Technologies, Moody’s Analytics, NatWest, Credit Suisse, Western Union etc. 


This year 64 companies were shortlisted for awards in 22 categories. More information regarding this year's winners can be found in the follow​ing link:

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