- CEO
- Mohammad Rashedul Islam
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Dhaka Bangladesh
- IPO Date
- Jan 18, 2009
- Business
- Bay Leasing and Investment Ltd. is a Bangladesh-based non-banking financial institution (NBFI) engaged in providing diversified financing, leasing, investment, and deposit solutions to corporate enterprises, small and medium-sized enterprises (SMEs), and retail clients. Founded in 1996 and headquartered in Dhaka, Bangladesh, the company operates across domestic markets through its corporate offices and branch network. The company operates primarily through two segments: Financial and Investment Operations and Merchant Banking Services. Its financing and investment portfolio comprises lease financing for industrial machinery, heavy equipment, commercial vehicles, and marine vessels; structured corporate finance and project financing; long-term and short-term term loans; SME loan facilities, including dedicated financing programs for women entrepreneurs; personal credit solutions, such as residential home loans, mortgage financing, and auto loans; and an extensive range of term and savings deposit products, including Plain Term Deposits, BLIL Centuria, Profit Take Home schemes, Super DPS Plans, Chomok Plans, Flexi Savings Plans, Double Money Plans, and Wealth Plans. Through its wholly owned subsidiary, BLI Capital Limited, the company offers full-fledged merchant banking and capital market services, including portfolio management, issue management, underwriting, initial public offering (IPO) facilitation, private equity placements, and corporate financial advisory services. In recent developments, Bay Leasing and Investment Ltd. has executed strategic balance sheet restructuring and operational optimization measures in alignment with the Finance Companies Act 2023. As part of its capital preservation and liquidity enhancement initiatives, the company approved the divestment of non-core commercial real estate assets, including commercial space in the Le Meridien complex, while accelerating non-performing loan (NPL) resolution, implementing tightened underwriting parameters across corporate and SME credit portfolios, and transitioning to hybrid digital formats for corporate governance and shareholder general meetings.