Professional Documents
Culture Documents
In Brief
A joint venture Leasing and Financing Company Introduced by a group of foreign & local sponsors Incorporated as a public limited company in 1996 Licensed by Bangladesh Bank as a Non-Bank Financial
Vision
Be a leading financial institution
Be a trustworthy financial institution
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Mission
Encourage, develop and train professional workforce into
a self-motivated team to be recognized as strategic organizational asset. Ensure impartial distribution of resources in the country. Introduce appropriate products befitting the need of time and demands Ensure steady growth and standard return on the investment
Administration
Governing body consists of nine members Include both foreign & local representatives
Working Module
Arranges experienced professionals to serve its clients.
Shareholders Structure
Consists of foreign & local sponsors
Foreign sponsors:
Five Continents Credit Ltd., Hongkong Tees Mart Inc., USA Merril & Forbes Inc., USA Local sponsors: Pioneer Dresses Ltd. Individuals
37.82%
Sponsor shareholder(foreign)
50%
Sponsor shareholder(local) Individuals 12.18%
Shareholding Structure
Equity Support
Term Loan
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Lease Finance
Available for: Capital Machinery Factory Equipment Vehicle & other Transports Construction Equipment
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Medical Equipment
Lifts/ Escalator Generator
Water Transport
Other Equipments & Appliances
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Term Loan
Available to establish project Available to expand business Competitive interest rate
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Equity Support
Available to establish new projects in the form of common equity investment
Available to expand existing projects in the form of preferred equity investment
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Financial Overview
Authorized Capital
Paid-up Capital
Total Asset
Total Liabilities
19
0
2006 2007 2008 2009 2010 2011
Credit Rating
Date of Rating Valid Till Long Term Rating Short Term Rating Outlook
BBB+
AR- 3
Stable
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Experienced Professionals
Maximum Funding
Strength of BIFC
22
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