International Leasing introduces new products

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A New Nation Report :
More than 19 years have elapsed since commencement of business of International Leasing And Financial Services Limited (ILFSL) in March 1996 and by now the company has proved itself to be a good multi-product financial institution having its record of innovative and customer-driven financial services. Starting from single-product lease financing services, the company is now an established market leader in the financial services industry.
ILFSL’s new product range includes Merchant Banking Services (through its subsidiary company, IL Capital Limited), Stock Brokerage (through its subsidiary company, International Leasing Securities Limited), Real Estate Finance and SME Finance.
The company also offers various attractive Deposit Schemes. For years, through proactive marketing and services, ILFSL has been able to establish itself as a leading financial institution of the country.
The product range of ILFSL now includes Lease Finance, Term Finance, Work Order Finance, Project Finance, Syndication Finance, Factoring, Real Estate Finance, SME loan, Any Purpose Loan and Deposit Schemes.
Available statistics show good growth of shareholders equity in five years. It has increased from Taka 1,267.49 million in 2010 to Taka 1,968.57 million in 2011, Taka 2,084.85 million in 2012, Taka 2,116.06 million in 2013 and Taka 2,156.50 million in 2014.
The profit before tax of International Leasing is also very good.
It has increased from Taka 115.46 million in 2012 to Taka 257.40 million in 2013 and Taka 292.54 million in 2014-it has more than doubled in three years.
With its registered office at Printers Building (14th floor), 5, Rajuk Avenue, Dhaka, ILFSL and its subsidiaries have four branch offices in Chittagong and Sylhet and a workforce of 130 employees including 74 of two subsidiary companies.
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