Internship ReportOn-Performance Evaluation of IDLC Finance Limited"

Abstract

The IDLC Finance Limited is a very well-known non-banking financial institution in Bangladesh. The IDLC Finance Ltd. was incorporated in Bangladesh ao; a public limited company with a limited liability as on May 13, 1985 and commenced leasing operation on 22 February 1986. The firm has been listed in Dhaka Stock Exchange on 20 March 1993. In the year 2011 the company has increase its authorized capital from Tk. 1000 milJion to Tk. 4000 million. It is the sign of expansion of their business Each and every year their issued and paid up capital is increasing and it reached to Tk. The number of branches opened by the finn and the number of employees recruited during the period 2009 to 2013 shows an increasing trend. IDLC Finance limited has two wholly own subsidies named IDLe Investments Limited and IDLC Securities limited. The analysis and evaluation of performances cover whole IDLC Finance Limited. The financial and operational performances of lDLC Finance Ltd. from tbe year 2009 to 20] 3 have been shown the report. However, the solvency ratios show that the bank gradually increases proportion of debt compared to its total assets and total equity. The risk ratios shows :hat the bank performed bctter during the period, it has been able to reduce the non performing loan as a proportion, decreases the amount of loan / deposit ratio. The current ratio shows on decreasing trend over the period, also its growth rate is declining. Finally some problems have been identified and suggestions have been given to the management to overcome the problems. At the end of the report, a conclusion has been given on the overall perfonnance of JDLC financial Ltd.