LankaBangla Finance PLC
DDSE:LANKABAFIN13.40
BDT
0.00
(0.00%)
ISIN
BD0135LNKBF5
Return %
Stock
S&P 500
1Y
-1.47
14.20
3Y
-48.46
81.12
5Y
-67.08
68.34
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.Company Description
- CEO
- Humaira Azam
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Dhaka Bangladesh
- IPO Date
- Aug 6, 2006
- Website
- lankabangla.com
- Similar Companies
- Business
- LankaBangla Finance PLC is a diversified non-banking financial institution based in Bangladesh that provides a comprehensive suite of corporate, small and medium enterprise, retail, and capital market financial solutions. Established in 1997 as a joint-venture financial institution under the name Vanik Bangladesh Limited, the company was rebranded as LankaBangla Finance Limited in 2003, subsequently converted its corporate status to LankaBangla Finance PLC, and is publicly traded on both the Dhaka Stock Exchange and the Chittagong Stock Exchange under the ticker LANKABAFIN. Headquartered in Dhaka, Bangladesh, the institution operates a nationwide network of branches across major commercial and regional hubs, catering to individual consumers, micro, small, and medium enterprises, emerging startups, and large corporate entities. The company conducts its operations directly and through specialized subsidiaries, including LankaBangla Securities Limited, LankaBangla Investments Limited, LankaBangla Asset Management Company Limited, and LankaBangla Information System Limited. The company delivers its financial offerings through multiple structured business segments and specialized product lines. In corporate and institutional financing, it provides lease financing; term loan financing; syndicated loan facilities; project financing; structured finance; working capital and revolving credit; work order financing; and commercial letters of guarantee. In Cottage, Micro, Small, and Medium Enterprise (CMSME) financing, the company offers emerging business term loans; commercial vehicle and equipment loans; specialized credit facilities for women entrepreneurs under the Shikha platform; agricultural loans; and green financing solutions. In retail financial services, it extends home mortgage loans; auto loans; personal and unsecured loans; secured overdraft facilities; professional loans for medical practitioners; and structured deposit instruments, including fixed deposit receipts, monthly deposit schemes, double money term deposits, and regular earning deposit schemes. LankaBangla Finance is the only non-banking financial institution in Bangladesh licensed to issue and process its own credit card products, maintaining a card portfolio that comprises Mastercard and Visa credit cards, contactless credit cards, co-branded cards, and merchant acquiring services. Through its dedicated Islamic Financial Services window, the institution provides Shariah-compliant financing and deposit solutions based on Murabaha, Ijarah, and Mudaraba principles. Through its subsidiaries, the company further offers securities brokerage services; margin trading facilities; depository participant services; corporate advisory and issue management; underwriting of equity and debt instruments; private equity and portfolio management; open-ended and closed-ended mutual fund management; and enterprise resource planning and information technology consultancy services. In recent developments, LankaBangla Finance PLC has executed key strategic partnerships, digital transformations, and operational enhancements to expand its market presence and modernize its technology architecture. The company signed a strategic agreement with Bangladesh Bank to provide specialized refinancing facilities to startup entrepreneurs, delivering subsidized credit to early-stage enterprises. To strengthen rural and digital distribution, the company partnered with B2B commerce platform ShopUp to deliver supply chain and distribution financing to micro-retailers associated with the Mokam network, and collaborated with mobile financial services provider Trust Axiata Pay to enable seamless digital fund collection and repayment mechanisms. Operationally, the institution completed a major Visa migration project in partnership with IT Consultants PLC, migrating its card operations to a unified switching and processing infrastructure for both Visa and Mastercard, which introduced automated Green PIN generation, integrated BEFTN fund transfers, and enhanced cardholder security. Furthermore, the company continues to advance its digital banking roadmap through the expansion of its Prantik digital product suite, incorporating digital deposit and loan origination, and the rollout of PaySmart interoperable QR payment solutions.