- Business
- Phoenix Finance and Investments Limited is a Bangladesh-based non-banking financial institution (NBFI) primarily engaged in the provision of lease financing, term lending, deposit mobilization, and capital market services to corporate, institutional, small and medium-sized enterprise (SME), and retail clients. Founded in 1995 as Phoenix Leasing Company Limited and rebranded under its current name in 2007, the company is headquartered in Dhaka, Bangladesh, and maintains branch operations across major commercial centers in Bangladesh. The company operates through distinct business segments comprising Corporate and Structured Finance, SME Financing, Real Estate Financing, Retail Deposit Schemes, and Capital Market Operations. Its product and service portfolio includes lease financing facilities for industrial plant and machinery, heavy commercial vehicles, medical equipment, power generation equipment, and information technology infrastructure; short-, medium-, and long-term project finance loans; working capital credit lines; structured financing, loan syndication, and bridge loan arrangements; SME loan programs, factoring of receivables, and work order financing; commercial real estate loans, home mortgages, and property development credit; fixed deposit receipts (FDR), monthly profit-earning deposit schemes, cumulative term deposits, double-growth deposit plans, and recurring savings accounts; and equity brokerage, margin lending, portfolio management, underwriting, and issue management services conducted through its subsidiary, Phoenix Securities Limited. In recent developments, Phoenix Finance and Investments Limited has undertaken comprehensive balance-sheet and governance restructuring initiatives overseen by regulatory authorities, including Bangladesh Bank. These operational changes encompass the reconstitution of its board of directors and risk management framework, the establishment of dedicated non-performing loan (NPL) recovery and asset resolution units, the rationalization of credit underwriting guidelines, and enhanced asset-liability management measures designed to optimize liquidity and reinforce capital stability across its core lending operations.