United Finance

United Finance is a Bangladeshi non-bank finance company formerly known as United Leasing Company[1] and changed into United Finance in 2014.[2][3] It is listed in DSE.[4] It provides financial services, such as investment, lease, loan, term finance, channel financing.[2] The company was founded in 1989 and is headquartered in Dhaka, Bangladesh. United Finance collect around 80 percent of their funds directly from individual depositors.[5]

United Finance Limited
Private
Traded asDSE: UNITEDFIN
IndustryFinance
PredecessorUnited Leasing Company Limited
FoundedApril 27, 1989 (1989-04-27) in Dhaka, Bangladesh
HeadquartersCamellia House, 22 Kazi Nazrul Islam Avenue,
Dhaka
,
Bangladesh
Number of locations
23 branches (2018)
Area served
Bangladesh
Key people
  • Imran Ahmed (Chairman)
  • Kaiser Tamiz Amin (MD)
  • Zafar Ullah Khan (CFO)
Services
Revenue
  • BDT 944 million (2014)
 (2015)
  • BDT 969 million (2017)
 (2017)
  • BDT 256 million (2017)
 (2017)
Total assets
  • BDT 23,944 million (2017)
 (2017)
Total equity
  • BDT 3,020 million (2017)
 (2017)
Owners
  • United Insurance Co. Ltd. (20.64%)
  • Lawrie Group Plc, U.K. (20%)
Number of employees
315 (2015)
Divisions
  • Sales
  • Credit-sale financing
  • Information technologies
  • Collection
  • Human resources
Websiteunitedfinance.com.bd

The company has 23 branch offices across the country covering all 64 districts with financial services. The company has branch office in Dhaka, Chattogram, Cox's Bazar, Cumilla, Jashore, Bogura, Narsingdi, Sylhet, Rangpur, Dinajpur, Chuadanga, Barisal, Noakhali, Rajshahi, Khulna, Gazipur, Pabna and Mymensingh districts. Another branch at Faridpur is to be setup.[6][7] It has booth office in Sirajgong and Rangamati districts.

Major sponsorship

United Finance along with United Insurance was regularly organize international chess tournament until 2009. The tournament was held biannually for 9th time.[8][9]

gollark: Well, it's still a significant investment of time/stone.
gollark: In any case, in case someone uses your code on wireless, it *will* be problematic.
gollark: Ah, there's that maximum tick time, isn't there.
gollark: Or at least have a TPS of about 1.
gollark: Use the designated channel ***OR ELSE*** (people will be really annoyed by the lag and/or busy modem snooping screens).

See also

References
  1. ইউনাইটেড লিজিং কোমপানি লিমিটেড [United Leasing Company Limited]. ebanglapedia (in Bengali). Archived from the original on 3 November 2015. Retrieved 3 November 2015.
  2. "Company Overview of United Finance Limited". Bloomberg Business. Archived from the original on 19 August 2015. Retrieved 19 August 2015.
  3. "DSE news in brief". The Financial Express (Bangladesh). Dhaka. 30 December 2014. Archived from the original on 31 July 2015. Retrieved 19 August 2015.
  4. "Lafarge Surma, United Finance declare dividend". Bangladesh Business News. 8 March 2015. Archived from the original on 19 August 2015. Retrieved 19 August 2015.
  5. Rahman, Sajjadur (11 September 2015). "NBFIs' cost of funds falls to record low". Daily Star. Dhaka. Archived from the original on 26 October 2015. Retrieved 29 October 2015.
  6. "About Us". Archived from the original on 25 February 2015. Retrieved 29 October 2015.
  7. "United Leasing opens branch in Sylhet". Financial Express. Dhaka. 2 February 2010. Archived from the original on 29 October 2015. Retrieved 29 October 2015.
  8. "Dibyendu lifts United GM chess title". The Financial Express (Bangladesh). Dhaka. 30 August 2009. Archived from the original on 3 November 2015. Retrieved 3 November 2015.
  9. "Bangladesh 8th United Insurance and United Leasing International". Fide.com. 24 March 2007. Archived from the original on 3 November 2015. Retrieved 3 November 2015.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.