Peoples Leasing and Financial Services Ltd.
DDSE:PLFSL1.70
BDT
+0.10
(+6.25%)
ISIN
BD0130PLFSL3
Return %
Stock
S&P 500
1Y
70.00
14.20
3Y
-43.33
81.12
5Y
-43.33
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Mohammad Sagir Khan
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Dhaka Bangladesh
- IPO Date
- May 14, 2005
- Website
- plfsbd.com
- Similar Companies
- Business
- Peoples Leasing and Financial Services Limited is a Bangladesh-based non-banking financial institution (NBFI) engaged in providing diversified lease financing, term lending, deposit mobilization, and capital market services to corporate, institutional, small and medium-sized enterprise (SME), and retail clients. Founded in 1996 and headquartered in Dhaka, Bangladesh, the company operates across key urban and industrial centers in Bangladesh and maintains capital market operations through its subsidiary, Peoples Securities Limited. The company organizes its offerings into four core business segments: Lease Financing, Term Financing, Real Estate Finance, and Deposit Mobilization. Its principal products and services include lease financing facilities for industrial machinery, heavy commercial vehicles, construction equipment, medical technology, and office automation systems; term lending solutions, comprising long-term project loans, short-term working capital finance, bridge loans, syndication facilities, and structured SME credit lines; real estate and housing finance, featuring residential home loans, commercial property construction loans, and building renovation facilities; deposit mobilization schemes, encompassing fixed term deposit receipts (FDR), monthly profit-earning deposits, periodic income schemes, cumulative deposit plans, and institutional treasury deposit instruments; and capital market services, including portfolio management, underwriting, issue management, and margin loan facilities. In recent developments, the company has undergone significant regulatory and judicial restructuring to rehabilitate its financial standing and operational status. Following a period of financial distress, the High Court Division of the Supreme Court of Bangladesh halted previously proposed liquidation proceedings and reconstituted the company's board of directors with independent leadership to drive corporate revival. Under regulatory oversight from Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC), the multi-year suspension of the company's public shares was lifted, permitting the resumption of trading on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). Concurrently, the company implemented a multi-faceted operational overhaul focused on aggressive non-performing loan (NPL) recoveries, forensic asset tracing, comprehensive liability restructuring for institutional and individual depositors, reconstituted executive governance, and the phased resumption of core lending and financial intermediation activities under reinforced risk management frameworks.