United Finance PLC partners with IFC to strengthen affordable housing and SME financing

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.

This collaboration aims to enhance United Finance's capabilities 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, South Asia, Financial Institutions Group (FIG) at IFC, representing their respective organizations.

Expressing gratitude for the partnership, Rafiqul Islam stated, "Our future growth hinges on empowering consumers—particularly in affordable housing and small businesses. 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 graced by distinguished representatives from both IFC and United Finance. From IFC, Partha Guha Thakura, Country Anchor for Bangladesh, Bhutan & 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 from both organisations.

With over 36 years of service, United Finance PLC stands as one of Bangladesh's leading non-banking financial institutions. Operating through 23 branches nationwide, the company maintains a robust presence in SME and affordable housing finance, contributing to inclusive economic development across the country.