BIFFL holds its 4th AGM

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Business Report :
Bangladesh Infrastructure Finance Fund Limited (BIFFL) held its 4th Annual General Meeting (AGM) on Saturday at Westin Hotel in the city.
In the FY- 2014, the organization earned net profit after tax & provision Tk 141.68 crore and the earning per share (EPS) stood at Tk 8.85. The accumulated profit over the year was Tk 354.74 crore, said a press release.
The shareholders approved Tk 10.00 crore as cash dividend and Tk 340.00 crore as stock dividend to the government against shareholding leading the company’s paid up capital to Tk 1940.00 crore.
BIFFL¸ established in 2011, has been working for financing infrastructure and PPP projects aiming to facilitate infrastructure development in the country. The organization has already financed in the power, health and environment friendly sectors in the country.
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