BNP is byproduct of Bangabandhu killing: Hasan
— August 16, 2022DHAKA, Aug 15, 2022 (BSS) – Information and Broadcasting Minister Dr Hasan Mahmud today said Ziaur Rahman and his family…
Ms. Rajia Khanom is currently carrying out her responsibilities as the Chairman of First Lease Finance & Investment Ltd. Under her prudent and dynamic leadership, this Financial Institution (FI) has marked spectacular growth. First Lease Finance & Investment was incorporated as a private company on June 28,1993 and incepted its leasing business since incorporation. It was converted into public company on July 18,1996 and issued license from Bangladesh Bank dated October 5,1999. The company’s Board consists of 11 (eleven) Directors including one independent Director and its management committee has seven person including four directors and three executives including CEO, COO, Company Secretary and CFO. One of the Directors is the Chairman of the committee.
First lease Finance & Investment Ltd. intends to turn into a multi-product financial institution and its major investment areas are: Pharmaceuticals, Transport, Terry Towel and Kitchen Textile, Agro-Based Industries, Distribution and Printing Press, Textile, Hospital and Diagnostic Center, knitting, Shoe and Leather, plastic and allied, Amusement park etc. Lease finance, Real Estate Related Loans, Short Term Financing, Corporate Finance, Term Finance, Bill purchase, term deposit. In addition it would also make available of finance for SME and Housing Sectors under Refinancing Scheme of Bangladesh Bank upon obtaining eligibility for the schemes. FLFIL also provides lease financing for acquisition of all of manufacturing and service equipment including vehicles, computer, lift, medical equipment industrial machinery electrical and electronic appliances to all the major industrial sector. List of machineries which this company finance are capital machinery, Vehicle and Minibus, Delux van and prime mover printing and packing Transport vessels and water cargo, Heavy Construction Equipment, Air condition plants & Equipment, Boiler, Power Generator, Medical and Diagnostic Equipment & Healthcare Service related equipment etc. It also accepts term Deposits from local and foreign corporate bodies, insurance companies, banks and individuals with attractive interest rate. It’s four attractive products are First Lease Monthly Profit Term Deposit, First Lease Quarterly Profit, First Lease Cumulative Term Deposit and First Lease Double Term Deposit.
Authorized capital of First Lease Finance & Investment Ltd. is Tk. 1000 million and the paid up capital is as on 31 December 2008 Tk. 229.98 Million. This company has 3,397 share holders with a statutory reserve of Tk. 188.97 Million.
It reports to shareholders twice a year through half yearly and Detailed Annual Report. Every shareholder or his/her proxy has the right to attend the Annual General Meeting where they can meet and communicate with the directors and express their views regarding the company’s business, its future and other matters of interest.
As the board members are renowned individuals it is their dynamism, foresightedness and wisdom which deliver the appropriate guidance policies and strategies to run the company. It ensures that the company achieves superior financial results and steward its leadership position in the industry.
It is said that successful business are built upon solid foundation of dedication, precise acumen and clear ambition so in line with that it has become possible to be a successful one as this company has also a very well experienced and dedicated management team who are contributing significantly with a business motto “Efficient customer service and Effective financial solution”.