First Finance Ltd.
DDSE:FIRSTFIN4.20
BDT
+0.20
(+5.00%)
ISIN
BD0124FLIL06
Return %
Stock
S&P 500
1Y
110.00
14.20
3Y
-23.64
81.12
5Y
-40.85
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
•
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
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Dhaka Bangladesh
- IPO Date
- Jul 19, 2003
- Website
- first-finance.com.bd
- Similar Companies
- Business
- First Finance Limited, also operating as First Finance PLC, is a Bangladesh-based non-banking financial institution (NBFI) that provides financial leasing, credit facilities, and deposit mobilization services to corporate, institutional, small and medium-sized enterprise (SME), and retail clients across Bangladesh. Established in 1993, licensed by the central bank in 1999, and headquartered in Dhaka, Bangladesh, the company facilitates capital investment across key sectors including manufacturing, transportation, commercial trade, real estate, and light engineering. First Finance offers a broad suite of financial products and services, including: deposit mobilization products, comprising term deposit receipts (TDR), fixed term deposits, monthly savings schemes (MSS), double and triple money growth schemes, and periodic profit-bearing deposit accounts; corporate and industrial finance, comprising long- and medium-term loans, project financing, working capital facilities, and loan syndication; lease financing, offering asset financing for industrial plant machinery, commercial vehicles, office equipment, and sale-and-leaseback transactions; SME financing, including specialized SME term loans, woman entrepreneur financing programs, work order financing, and central bank-backed refinance facilities; and retail financing, providing home loans, auto loans, personal credit lines, and loans against deposit certificates. In recent developments, the company transitioned its corporate name to First Finance PLC in alignment with national regulatory guidelines and has been operating under close regulatory monitoring by Bangladesh Bank to restructure its capital base and address non-performing asset levels. Operationally, the company has shifted strategic focus toward aggressive loan recovery and portfolio remediation, initiating extensive legal recovery proceedings on defaulted accounts while managing liquidity and rationalizing credit disbursements to support balance sheet stabilization.