IFC joins hands with United Finance for home loan and SME growth
United Finance PLC has entered into a strategic partnership with the International Finance Corporation (IFC), marked by the signing of an agreement at United Finance's head office in Dhaka.
The collaboration aims to strengthen United Finance's capacity in affordable home loans and SME financing through a comprehensive diagnostic assessment led by IFC.
The agreement was signed by Mohammad Rafiqul Islam, Managing Director of United Finance PLC, and Mehdi Cherkaoui, Regional Upstream and Advisory Manager for South Asia, Financial Institutions Group (FIG) at IFC, on behalf of their respective organisations.
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"Our future growth depends on empowering consumers – particularly in affordable housing and small businesses," said Rafiqul Islam. "United Finance is committed to reorienting its resources and sharpening its focus on these two priority sectors over the next five years. IFC's global expertise and proven strategic insight will significantly strengthen our efforts."
The signing ceremony was attended by senior representatives from both organisations. From IFC, Partha Guha Thakura, Country Anchor for Bangladesh, Bhutan, and Nepal (Upstream and Advisory, FIG); Md Rezwanur Rahman, Investment Officer (FIG); and Mushtari Manzoor, Associate Operations Officer (Upstream and Advisory, FIG), were present. Representing United Finance were Mohammed Abul Ahsan, Deputy Managing Director, and Lingkon Mondal, Chief Financial Officer, along with other senior officials.
With more than 36 years of service, United Finance PLC is one of Bangladesh's leading non-bank financial institutions. Operating through 23 branches nationwide, the company maintains a strong presence in SME and affordable housing finance, contributing to inclusive economic development across the country.
