Bangladesh Industrial Finance Company Ltd.
DDSE:BIFC3.50
BDT
-0.10
(-2.78%)
ISIN
BD0136BIFC05
Return %
Stock
S&P 500
1Y
25.00
14.20
3Y
-63.16
81.12
5Y
-46.97
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Mohammed Anwarullah Sadeq
- Full Time Employees
- 37
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Dhaka Bangladesh
- IPO Date
- Aug 20, 2006
- Website
- bifcol.com
- Similar Companies
- Business
- Bangladesh Industrial Finance Company Limited (BIFC) is a non-banking financial institution (NBFI) that provides specialized industrial financing, corporate lease solutions, term lending, and retail deposit products to industrial enterprises, commercial businesses, and individual clients across Bangladesh. Established in 1996 and headquartered in Dhaka, Bangladesh, the company is listed on both the Dhaka Stock Exchange and the Chittagong Stock Exchange, operating under license and supervision from Bangladesh Bank to support private sector industrialization, infrastructure development, and corporate capital expenditure. The company offers a diversified portfolio of financial products and services organized into distinct operational segments: lease financing for industrial machinery, manufacturing plants, transport fleets, commercial vehicles, construction equipment, power generators, medical instruments, and information technology infrastructure; term lending facilities, including short-, medium-, and long-term project loans, working capital finance, bridge funding, and capital expenditure financing for the balancing, modernization, rehabilitation, and expansion (BMRE) of enterprises in textiles, agro-processing, engineering, pharmaceuticals, and manufacturing sectors; real estate and housing finance, consisting of commercial building construction loans, corporate real estate acquisition facilities, and individual home mortgage financing; structured and syndicated finance, providing loan syndication management, co-financing structures, consortium debt arrangement, and corporate financial advisory services; and deposit schemes, featuring institutional term deposits, fixed deposit receipts (FDR), monthly profit schemes, cumulative deposit plans, and individual savings growth instruments. In recent developments, Bangladesh Industrial Finance Company Limited has been undergoing significant organizational restructuring and regulatory-directed financial rehabilitation overseen by the Bangladesh Securities and Exchange Commission (BSEC) and Bangladesh Bank. To address legacy non-performing assets and restore financial stability, the company reconstituted its Board of Directors with independent directors and newly appointed management tasked with executing a comprehensive operational turnaround strategy. Recent strategic initiatives focus on rigorous loan recovery campaigns against long-standing defaulters, negotiated credit rescheduling, balance sheet deleveraging, cost rationalization, and capital restructuring programs aimed at meeting regulatory capital adequacy requirements and revitalizing its core financing operations.