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Bangladesh Finance Limited (Dhaka) (Bangladesh)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Bangladesh Finance Limited Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Company provides finance for capital machinery to various industry including construction equipment, energy generating equipment, office equipment, medical equipment, transport, etc. The company also provides term finance and working capital finance to the enterprises as well as professionals.
It is a Non-Banking Financial Institution engaged in lease, loan and investment financing operation.
The Company was incorporated in Bangladesh on 10 May, 1999 as a Public Limited Company under the Companies Act, 1994. The license was issued from Bangladesh Bank on 22 December, 1999 under the Financial Institutions Act, 1993. The operational activities were started on 15 February, 2000 through signing the first lease agreement on that day.
The preparation and presentation of the financial statements and the disclosures thereto have been made in conformity with Bangladesh Accounting Standards (BAS) and Bangladesh Financial Reporting Standards (BFRS), the Companies Act, 1994, the Financial Institutions Act, 1993, Securities and Exchange Rules, 1987, the listing rules of Dhaka and Chittagong Stock Exchanges and other applicable laws regulations in Bangladesh and practices generally followed by Housing Finance Institutions.
KEY MILESTONES:
1. Incorporation of the Company, May 10, 1999.
2. License from Bangladesh Bank as financial Institution, December 22, 1999.
3. Commencement of Business, May 10, 1999.
4. Date of Commercial Operation, February 15, 2000.
5. Date of Initial Public Offering, June 10, 2007.
6. Listing on Dhaka Stock Exchange, September 06, 2007.
7. Listing on Chittagong Stock Exchange, August 28, 2007.
8. Trading on DSE CSE, September 11, 2007.
The company changed its name from Bangladesh Finance and Investment Company Limited to Bangladesh Finance Limited on September 13, 2021.

Headquarters
Baitul Hossain Building, 2Nd Floor, 27 Dilkusha C/A
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.bdfinance.net

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1999
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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7.56%
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4.78%
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4.11%
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3.57%
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3.57%
Subsidiaries
Bd Finance Capital Holding Limited
99.93%
Bd Finance Securities Limited
57.36%
Company Performance
Financial values in the chart are available after Bangladesh Finance Limited (Dhaka) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net interest income
-23.75%
Operating profit (EBIT)
-40.13%
Net Profit (Loss) for the Period
-7.75%
Total assets
3.56%
Total equity
3.55%
Total Assets Trend
-5.11%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-1.44%
Loans to Asset Ratio
-0.91%

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