- CEO
- Wali Ullah Mohammad
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Dhaka Bangladesh
- IPO Date
- Nov 25, 2007
- Business
- Uttara Finance and Investments Limited is a Bangladesh-based non-banking financial institution that provides a diversified portfolio of financing, corporate advisory, and investment solutions to corporate, small and medium-sized enterprise, and individual clients. Established in 1997 and headquartered in Dhaka, Bangladesh, the company operates nationwide and is listed on the Dhaka Stock Exchange and Chittagong Stock Exchange under the ticker symbol UTTARAFIN. The company's primary business activities and offerings include lease financing for industrial machinery, commercial vehicles, heavy equipment, medical apparatus, and office technology; term loan facilities, including long-term project financing, medium- and short-term working capital loans, bridge financing, and syndicated credit facilities; real estate finance comprising residential housing loans and commercial real estate development credit; SME financing programs, including revolving credit lines, trade financing, and enterprise expansion loans; deposit mobilization services, offering fixed deposit receipts, monthly profit deposit schemes, cumulative deposit plans, and periodic savings instruments; and merchant banking operations, providing equity issue management, underwriting, portfolio management, and corporate financial advisory services. In recent developments, the company has undergone significant organizational and operational reorganization under the regulatory oversight of Bangladesh Bank and the Bangladesh Securities and Exchange Commission, featuring the reconstitution of its board of directors with appointed independent directors and the overhaul of internal audit and risk management frameworks. Concurrently, the institution has initiated extensive balance sheet restructuring, accelerated non-performing asset recovery programs, and enhanced capital management protocols to stabilize liquidity, improve credit governance, and ensure long-term regulatory compliance.