Fareast Finance & Investment Ltd.
DDSE:FAREASTFIN2.10
BDT
-0.20
(-8.70%)
Fareast Finance & Investment Ltd.
DSE:FAREASTFIN
(Dhaka Stock Exchange)
Recent
price
2.10
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Fareast Finance & Investment Limited is a Bangladesh-based non-banking financial institution engaged in providing comprehensive financing, leasing, and wealth management solutions to corporate, small and medium enterprise, and individual clients. Established in 2001 and headquartered in Dhaka, Bangladesh, the company operates across major commercial centers in the country to deliver diversified financial intermediation services. The company's core operations are structured into multiple specialized product and service lines, comprising Lease Financing, which provides lease facilities for industrial plants, manufacturing machinery, commercial transport vehicles, construction machinery, medical equipment, and information technology infrastructure; Term Loan Financing, delivering short-term, medium-term, and long-term financing for industrial project setup, plant capacity expansions, corporate working capital, and bridge funding; Real Estate and Housing Finance, offering commercial property development loans, residential home mortgages, and real estate construction credit; SME Financing, providing targeted working capital facilities, asset financing, and trade credit tailored to small and medium enterprises as well as women entrepreneurs; Structured and Corporate Finance, delivering syndicated loan arrangements, debt restructuring, and corporate financial advisory services; and Retail and Institutional Deposit Schemes, offering fixed-term deposit receipts, monthly profit-earning schemes, cumulative interest deposit schemes, double money growth plans, and corporate liability mobilization products. In recent developments, Fareast Finance & Investment Limited has undergone significant corporate reorganization and governance restructuring under the oversight of Bangladesh Bank and the Bangladesh Securities and Exchange Commission to strengthen internal controls, capital adequacy, and board oversight. The institution has instituted rigorous special asset management and non-performing loan recovery drives, establishing dedicated legal and recovery cells to expedite the settlement and regularisation of legacy classified assets. Additionally, the company has shifted its operational strategy to rationalize high-cost deposit liabilities, optimize liquidity management, and redirect underwriting activities toward secured, short-cycle SME and corporate working capital facilities while enhancing digital accounting and management reporting systems.