Fas Finance & Investment Limited (Bangladesh)

FAS Finance & Investment Limited (FFIL) is a financial institution located in Dhaka, Bangladesh. It was incorporated on March 4, 1997, and received licenses from the Bangladesh Securities & Exchange Commission (BSEC) to act as a Merchant Banker and from the Bangladesh Bank to serve as a Non-Banking Financial Institution (NBFI). The company has an authorized capital of Tk 2,100 million and a paid-up capital of Tk. 1229.25 million. FFIL aims to become a premier financial institution by providing innovative and credible financial products and services to every community in the country. Their mission is to inspire and enable customers to establish healthy business relationships for mutual benefit, while creating customer loyalty, shareholder value, and employee satisfaction. They strive to strengthen their capital base and achieve sustainable business growth in the long term. The company focuses on maintaining strong risk management and compliance, high underwriting standards, and internal control using best banking practices. They also aim to contribute to the development of the community by offering a wide variety of financial products, services, and solutions, with a special emphasis on the CMSME sector. FFIL is committed to introducing and maintaining state-of-the-art technology to enhance digitalization and ensure quick delivery of customer needs. FFIL has set several objectives for its future growth. These include raising a capital base of Tk. 500 crore in the long term, launching new and customized products and services, expanding their credit and investment portfolio, and increasing their deposit to Tk. 2000 crore within the next 5-7 years. They also aim to facilitate systematic and timely recovery of all kinds of loans to reduce non-performing loans to below 10% by 2025. Overall, FFIL is dedicated to achieving sustainable growth and profitability while adhering to their vision and mission. They have built a strong dynamic leadership to face challenges and ensure the company's growth and sustainability.