BP Business Desk
A delegation of Bangladesh Leasing and Finance Companies Association (BLFCA) contributed Tk. 9.5 crore in the Prime Minister's Relief and Welfare Fund. Dr. Ahmad Kaikaus, Principal Secretary to Prime Minister, accepted the cheque on behalf of the Prime Minister.
The Prime Minister joined the handover ceremony herself via video conference and thanked the delegation for coming forward in support of the adversely affected marginal income population.
During the ceremony, Tk 2.4 crore from IDLC Finance, Tk 2 crore from IPDC Finance, Tk 2 crore from LankaBangla Finance along with Tk 1.5 crore from Uttara Finance was contributed. Other institutions of BLFCA contributed a total of Tk 1.6 crore, from which Tk 50 lakh came from Phoenix Finance.
During the ceremony, the delegation briefed the Prime Minister on the activities of Non-Banking Financial Institutions and the importance of their contribution to the socio-economic development of the country.
Meanwhile, the delegation called on Bangladesh Bank to help overcome the liquidity crisis of Non-Banking Financial Institutions and sought directions from Hon'ble Prime Minister to set up a refinancing fund of Tk 10,000 crore.
On behalf of BLFCA, Md. Abdul Karim, Chairman, IPDC Finance and former Principal Secretary, Kazi M Aminul Islam, Founder Chairman of Meridian Finance and former Executive Chairman of BIDA, Arif Khan, Managing Director, IDLC Finance and Shamsul Arefin, Managing Director, Uttara Finance were present.
Chairman of BLFCA and Managing Director and CEO of IPDC Finance, Mominul Islam, said, “At the time of great peril, it is vital to stand by the disadvantaged and marginal population of the country, an example set by our Honourable Prime Minister. Today NBFI sector is humbled to be a part of such noble initiative.
Moreover, with the implementation of the refinancing scheme for the NBFIs as appealed, we will be able to duly fulfil our responsibilities towards the rejuvenation of the economy and help positively change the fate of the underprivileged people of the country in the coming days.”