IDLC Investments Limited has been awarded as "Best Investment Bank in Bangladesh" in the Finance Asia Country Awards for 2021.
Commenting on this recognition, Managing Director of IDLC Investments Md Moniruzzaman said, "Our trendsetting initiatives, strong performance in the market along with compliance and setting examples of best practices have been repeatedly recognized in the local and international arena, winning the FinanceAsia award is another testament to that."
IDLC Investments has been operating in the capital market of Bangladesh for over two decades.
The company had an eventful year even amid the pandemic in 2020. It worked as the issue manager for the biggest ever IPO in Bangladesh as well as the IPO of the only listed company in the engineering construction sector of the stock exchanges. The company also completed a merger and acquisition transaction in the power sector. IDLC Investments also acted as trustee of the first-ever Basel III compliant contingent convertible perpetual bond in the country.
FinanceAsia is a Hong Kong-based publication reporting on Asia's financial and capital markets.