United Finance

United Finance Limited
Public
Traded as DSE: UNITEDFIN
Industry Finance
Predecessor United Leasing Company Limited
Founded September 12, 1989 (1989-09-12) in Dhaka, Bangladesh
Headquarters Camellia House, 22 Kazi Nazrul Islam Avenue, Dhaka, Bangladesh
Number of locations
 19 branches (2015)
Area served
 Bangladesh
Key people
  • Imran Ahmed (Chairman)
  • Syed Ehsan Quadir (MD)
  • Zafar Ullah Khan (CFO)
Services
Revenue
  • Increase BD৳ 944 million (2014)
  • BD৳ 836 million (2013)

 (2015)

  • Increase BD৳ 538 million (2014)
  • BD৳ 449 million (2013)

 (2015)

  • Increase BD৳ 324 million (2014)
  • BD৳ 266 million (2013)

 (2015)

Total assets
  • Increase BD৳ 15,847 million (2014)
  • BD৳ 13,929 million (2013)

 (2015)

Total equity
  • Increase BD৳ 2,425 million (2014)
  • BD৳ 2,165 million (2013)

 (2015)

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
Website unitedfinance.com.bd

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]

The company has branch office in Dhaka, Chittagong, Jessore, Bogra, Gazipur, Sylhet, Rangpur, Chuadanga, Barisal, Noakhali, Rajshahi, Khulna and Mymensingh districts.[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]

See also

References

  1. ↑ "ইউনাইটেড লিজিং কোমপানি লিমিটেড" [United Leasing Company Limited]. ebanglapedia (in Bangla). Archived from the original on 2015-11-03. Retrieved 2015-11-03.
  2. 1 2 "Company Overview of United Finance Limited". Bloomberg Business. Archived from the original on 2015-08-19. Retrieved 2015-08-19.
  3. ↑ "DSE news in brief". The Financial Express (Bangladesh). Dhaka. 2014-12-30. Archived from the original on 2015-07-31. Retrieved 2015-08-19.
  4. ↑ "Lafarge Surma, United Finance declare dividend". Bangladesh Business News. 2015-03-08. Archived from the original on 2015-08-19. Retrieved 2015-08-19.
  5. ↑ Rahman, Sajjadur (2015-09-11). "NBFIs' cost of funds falls to record low". Daily Star. Dhaka. Archived from the original on 2015-10-26. Retrieved 2015-10-29.
  6. ↑ "About Us". Archived from the original on 2015-02-25. Retrieved 2015-10-29.
  7. ↑ "United Leasing opens branch in Sylhet". Financial Express. Dhaka. 2010-02-02. Archived from the original on 2015-10-29. Retrieved 2015-10-29.
  8. ↑ "Dibyendu lifts United GM chess title". The Financial Express (Bangladesh). Dhaka. 2009-08-30. Archived from the original on 2015-11-03. Retrieved 2015-11-03.
  9. ↑ "Bangladesh 8th United Insurance and United Leasing International". Fide.com. 2007-03-24. Archived from the original on 2015-11-03. Retrieved 2015-11-03.

Coordinates: 23°44′35″N 90°23′43″E / 23.74315°N 90.39527°E / 23.74315; 90.39527

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