Bangladesh Finance and Investment company Limited (BD Finance) started its journey in 1999 with the prime objective of developing productive enterprises of the country through the provision of lease financing and subsequently diversified in other allied financial services. Listed in both Dhaka and Chittagong Stock Exchange, the shareholding structure of BD Finance consists of reputed corporate houses, leading industrialists and general public.
The company has emerged as a leading financial institution of the country with a wide range of financial products to offer to its clients. It continues to evolve as an innovative financial solution provider and is now able to offer financial products tailored to the needs of its customers.
Records show BD Finance’s Lease and Term Finance has more than trebled from BDT 2,956.52 million in 2010 to BDT 10,707.37 million in 2014, its total assets have also more trebled from BDT 4,396.73 million in 2010 to BDT 14,414.72 million in 2014 and its Term Deposits have increased more seven times from BDT 1,162.77 million in 2010 to BDT 9,00d1.96 million in 2014-the overall performance being praiseworthy.
BD Finance’s Asset Products include (1) Corporate Finance like Lease Finance, Working Capital Finance, Term Time Retail Finance, Home Loan, Auto Loan, SME Loan and Women Entrepreneurship Loan, (2) Channel Finance like Factoring of Accounts Receivable, Work Order and Distributor Finance and its Liability Products include (1) Profit Earners Scheme (PES), Double Money Deposit Scheme (DMDS), Monthly Deposit Scheme (MDS), Lakhpoti Prakalpo (LP) and Cumulative Deposit Scheme (CDS).
BD Finance’s Managing Director and CEO, Mafizuddin Sarker has over 36 years of experience in Financial Market. He started his career in 1976 with Bangladesh Shilpa Rin Sangstha and thereafter he joined IDLC Finance Limited and served there for 13 years in various key positions till he joined International Leasing and Financial Services as Managing Director in 1998.
He also served Lanka Bangla Finance Limited as Managing Director. An MBA from the Institute of Business Administration (IBA), University of Dhaka Mafizuddin Sarker has been working as the Managing Director and CEO of BD Finance since October 11, 2011 last.A New Nation Report
Bangladesh Finance and Investment company Limited (BD Finance) started its journey in 1999 with the prime objective of developing productive enterprises of the country through the provision of lease financing and subsequently diversified in other allied financial services. Listed in both Dhaka and Chittagong Stock Exchange, the shareholding structure of BD Finance consists of reputed corporate houses, leading industrialists and general public.
The company has emerged as a leading financial institution of the country with a wide range of financial products to offer to its clients. It continues to evolve as an innovative financial solution provider and is now able to offer financial products tailored to the needs of its customers.
Records show BD Finance’s Lease and Term Finance has more than trebled from BDT 2,956.52 million in 2010 to BDT 10,707.37 million in 2014, its total assets have also more trebled from BDT 4,396.73 million in 2010 to BDT 14,414.72 million in 2014 and its Term Deposits have increased more seven times from BDT 1,162.77 million in 2010 to BDT 9,00d1.96 million in 2014-the overall performance being praiseworthy.
BD Finance’s Asset Products include (1) Corporate Finance like Lease Finance, Working Capital Finance, Term Time Retail Finance, Home Loan, Auto Loan, SME Loan and Women Entrepreneurship Loan, (2) Channel Finance like Factoring of Accounts Receivable, Work Order and Distributor Finance and its Liability Products include (1) Profit Earners Scheme (PES), Double Money Deposit Scheme (DMDS), Monthly Deposit Scheme (MDS), Lakhpoti Prakalpo (LP) and Cumulative Deposit Scheme (CDS).
BD Finance’s Managing Director and CEO, Mafizuddin Sarker has over 36 years of experience in Financial Market. He started his career in 1976 with Bangladesh Shilpa Rin Sangstha and thereafter he joined IDLC Finance Limited and served there for 13 years in various key positions till he joined International Leasing and Financial Services as Managing Director in 1998.
He also served Lanka Bangla Finance Limited as Managing Director. An MBA from the Institute of Business Administration (IBA), University of Dhaka Mafizuddin Sarker has been working as the Managing Director and CEO of BD Finance since October 11, 2011 last.
