Top 10 Finance Companies in Bangladesh [ Updated Full Information ]

Step into the realm of financial excellence the finance industry in Bangladesh. Discover the top 10 finance companies in Bangladesh that drive the economic landscape and cater to the diverse financial needs of individuals and businesses alike.

Prepare to set off on a journey where innovation, stability, and customer centricity all come together to provide a safe and successful future for everybody.

Presenting the most prestigious figures in Bangladesh’s financial sector who inspire respect, confidence, and admiration.

Find out more about the top 10 finance companies in Bangladesh that are changing successful financial status.

Top 10 Finance Companies in Bangladesh

Introducing Bangladesh’s financial powerhouses of greatness! Prepare yourself for a tour of the top 10 financial institutions in Bangladesh, where innovation and trust coexist and success is woven into every aspect of business operations.

These industry titans have transformed the financial landscape via ground-breaking ideas and unrelenting dedication, enabling both people and companies to prosper in a dynamic market.

 Join us as we explore the incredible world of these ground-breaking organizations, where monetary ambitions become a reality.

Let’s take a look at the details of the Top 10 Finance Companies in Bangladesh.

1.     Aviva Finance Limited
2.     Bangladesh Industrial Finance Company Limited
3.     IDLC Finance Limited
4.     First Finance Limited
5.     International Leasing and Financial Services Limited
6.     GSP Finance Company (Bangladesh) Ltd
7.     Fareast Finance and Investment Limited
8.     People’s Leasing and Financial Services Limited
9.     Premier Leasing and Finance Limited
10.     United Finance

Read Here: Top 10 Leasing Companies in Bangladesh 

# Aviva Finance Limited

Explore Aviva Finance Limited’s transformational evolution as you go on this fascinating trip. This pioneering organization created the groundwork for a path of outstanding accomplishments when it was founded in 1996 as Bahrain Bangladesh Finance and Investment Company Limited.

Through strategic investments and rebranding, it emerged as Oman Bangladesh Leasing & Finance Limited, only to undergo a significant shift in ownership in 2009 when S. Alam Group took the reins.

Led by the visionary Mohammed Saiful Alam, Aviva Finance Limited swiftly rose to prominence, attaining listings on both the Dhaka Stock Exchange and Chittagong Stock Exchange.

However, its tale took an unexpected turn in 2020 when the company underwent a name change due to an infamous embezzlement scandal involving former managing director, Proshanta Kumar Halder. Despite the challenges faced, Aviva Finance Limited has persevered, emerging as a beacon of trust in the realm of Islamic finance.

In 2024, the institution further solidified its standing by offering the highest interest rates on deposits among all non-bank financial institutions in Bangladesh. Join us as we unravel the extraordinary narrative of Aviva Finance Limited, where resilience and progress converge in the pursuit of financial excellence.

Company Name	Aviva Finance Limited
Founded	In 1996 (As Bahrain Bangladesh Finance and Investment Company Limited.)
Address	Sara Tower (5th Floor), 11/A, Toyenbee Circular Road, Motijheel, Dhaka-1000.
Contact	88-02-9570509, 9563371, 47118627, 47110297, 47118584, 47119244
Website	https://avivabd.com/

# Bangladesh Industrial Finance Company Limited

Explore the history of Bangladesh Industrial Finance Company Limited as you set off on a challenging yet tenacious adventure. This organization, which was founded in August 1996 and has its headquarters in the venerable Police Plaza Concord in Gulshan, has seen both successes and setbacks.

While achieving listing on the Dhaka Stock Exchange in 2006, it faced setbacks in subsequent years, with a declaration of Z category stock status in 2014.

Turmoil struck in 2024 when embezzlement scandals involving the chairman, Major (retired) Abdul Mannan, and Proshanta Kumar Halder led to financial distress and a perilous default rate of 96 percent.

 However, the winds of change began to blow as the Anti-Corruption Commission took action, filing lawsuits against the former chairman and appointing a new board led by former Justice Moyeenul Islam Chowdhury.

Amidst financial challenges, the company’s shares surprisingly witnessed a sharp rise on the Dhaka Stock Exchange in 2024, showcasing resilience in the face of adversity.

Join us as we unravel the gripping narrative of Bangladesh Industrial Finance Company Limited, a tale of perseverance, legal battles, and a quest for revival in the realm of finance.

Company Name	Bangladesh Industrial Finance Company Limited
Founded	in August 1996
Address	Police Plaza Concord (Tower-2) Level-8, Plot-02, Road-144,Gulshan, Dhaka-1212. Bangladesh.
Contact	+88 02 55045123-5 (PABX) / 09611888333
Website	https://bifcol.com/

 # IDLC Finance Limited

Since its founding in 1985, IDLC Finance Limited has undergone a transformation. This transformation has been made possible by the collaborative efforts of international organizations such as the International Finance Corporation, German Investment and Development Company, Korea Development Financing Corporation, Aga Khan Fund for Economic Development, Kookmin Bank, IPDC Finance Limited of Bangladesh, and Sadharan Bima Corporation.

The IDLC has been given the renowned AAA long-term credit rating and ECRL-1 short-term credit rating by The Emerging Credit Rating Limited (ECRL), which is a tribute to its quality. Witness the unrelenting dedication and unmatched financial knowledge that distinguish IDLC.

Company Name	IDLC Finance Limited
Founded	in August 1996
Address	Bay’s Galleria (1st Floor), 57 Gulshan Avenue, Dhaka-1212, Bangladesh.
Contact	+880 (2) 883 4377 – +880 (2) 883 4990
Website	http://idlc.com/

# First Finance Limited

Take a turbulent trip through the 1993-founded First Finance Limited’s past. Witness its historic 2003 listing on the Chittagong Stock Exchange and the Dhaka Stock Exchange.

However, the institution had problems, including penalties and deficits in later years, damaging its reputation. Former executives accused the corporation of embezzling money, which led to financial losses and a drop in stock market value.

Despite changes in leadership, the organization suffered with unpaid loans and falsified paperwork, which worried regulatory agencies. The business struggled with challenging debt recovery situations, aggressive marketing tactics, and persistent financial instability when new management directors took control.

 Join us as we examine the intricate story of First Finance Limited, a financial industry cautionary tale.

Company Name	First Finance Limited
Founded	in 1993
Address	Jahangir Tower(3rd Floor) 10, Kawran Bazar C/A, Dhaka-1215.
Contact	(+8802) 8189070-1 , 55013842-3
Website	https://www.first-finance.com.bd/

# International Leasing and Financial Services Limited

Learn about the history of International Leasing and Financial Services Limited, a symbol of financial excellence since its founding in 1996.

We have established a reputation for being trustworthy and dependable with a government license we obtained on February 19, 1996.

By working with Standard Bank Limited, we were able to get a massive 150 million taka loan on July 5, 2004, which greatly accelerated our growth. In 2007, the renowned Governor of the Bangladesh Bank, Dr. Salehuddin Ahmed, ordered the surveillance of nine non-banking financial entities, including us, in recognition of our dedication to openness.

On June 24, 2008, we opened a branch in thriving Chittagong to broaden our reach.In order to diversify our business and add stock brokerage to our Sylhet and Khatunganj offices, we purchased Hong Kong Bangladesh Securities Limited on October 25, 2009, continuing our rising trajectory.

We persevered in the face of market difficulties, making a profit of 180 million taka in 2024. Despite suffering a loss of 28.02 billion taka in 2024, we are resolute in our fight against subprime lending. As we enter a new age, we have taken firm action against fraudsters by taking their passports and bank accounts, under the direction of the Bangladesh Supreme Court. Khondker Ibrahim Khaled, our new chairman, provides a lot of knowledge and understanding from his position as a former deputy governor of the Bangladesh Bank.

Despite the difficulties, we remain committed to our shareholders, as seen by the growing share prices on the Dhaka Stock Exchange. We provide our esteemed debtors with creative solutions with an emphasis on debt restructuring.

We establish new partnerships with Sonar Bangla Capital Management Limited in order to achieve success in the future. The arrest of Proshanta Kumar Halder in India has boosted trust as we advance, as seen by the skyrocketing value of our shares.

As recipients of the renowned Bima Padak, including our respected chairman Md. Nazrul Islam Khan, we are proud of their accomplishments. Let’s redefine prosperity and resilience in the financial environment together.

Company Name	International Leasing and Financial Services Limited
Founded	in 1996
Address	DR Tower (13th Floor), 65/2/2, Bir Protik Gazi Golam Dostogir Road, Purana Paltan, Dhaka-1000, Bangladesh.
Contact	880-2-223381228, 02223353485 , 02223353489 .
Website	https://www.ilfsl.com/

# GSP Finance Company (Bangladesh) Ltd.

Experience the journey of resilience and evolution with GSP Finance Company (Bangladesh) Limited. Established in October 1995, it commenced operations in April 1996, becoming a proud member of the Bangladesh Merchant Bankers Association.

Despite encountering challenges, this financial institution has remained steadfast. Witness its pursuit of growth as it aspired for an initial public offering in August 2007, and explore the dynamic fluctuations in its performance over the years.

From dividend approvals to declining profits, share price fluctuations to increased trades, GSP Finance Company (Bangladesh) Limited continues to navigate the tides of the financial landscape, offering glimpses of progress and adaptability.

Company Name	GSP Finance Company (Bangladesh) Ltd.
Founded	In October 1995.
Address	1, Paribagh, Mymensingh Road, Dhaka-1000, Bangladesh.
Contact	+880-2-223360506 [PABX],  +880-2-223360194 [Fax]
Website	https://gspfinance.com/

# United Finance

United Finance, a reputable non-banking financial company since 1989, invites you to embark on a successful financial path. With connections to well-known organizations like Duncan Brothers (Bangladesh) Limited, Camellia PLC, and Lawrie Group PLC, United Finance benefits from a combined 150 years of expertise in Bangladesh.

In 2014, it underwent a transformation, emerging as United Finance, solidifying its commitment to excellence. Listed in the DSE, United Finance offers a comprehensive range of financial services, including investment, lease, loan, term finance, and channel financing.

With a nationwide presence encompassing all 64 districts through its 25 branch offices, United Finance caters to the diverse needs of individual depositors, securing approximately 80% of its funds directly from them.

Join us in Dhaka, the heart of financial innovation, and explore the extensive network of branch offices spanning key locations across the country, from bustling urban centers to serene districts. Let United Finance be your trusted partner in achieving financial success and prosperity.

Company Name	United Finance
Founded	April 27, 1989 in Dhaka, Bangladesh
Address	Camellia House, 22 Kazi Nazrul Islam Avenue, Dhaka-1000.
Contact	16354
Services	financing investment contractual savings
Website	http://unitedfinance.com.bd/

 # People’s Leasing and Financial Services Limited

Experience the journey of People’s Leasing and Financial Services Limited, a pioneering institution established on 12 August 1996. With a license received from Bangladesh Bank on 24 November 1997, we have been at the forefront of financial innovation.

Embracing progress, we obtained permission from Bangladesh Securities and Exchange Commission to issue shares on the stock exchange in 2010, opening doors to new opportunities.

While overcoming challenges, we remain committed to transparency and integrity. Recent court orders have led to a restructuring of our institution, ensuring its stability and preventing bankruptcy.

Guided by a new board of directors and visionary leadership, we embark on a transformative path towards prosperity. Join us as we redefine the future of financial services.

Company Name	People’s Leasing and Financial Services Limited
Founded	on 12 August 1996
Address	Paramount Heights (12 Floor), 65/2/1 Box Culvert Road, Purana Paltan, Dhaka-1000, Bangladesh.
Contact	+88 02 47118938 (Hunting)
Services	Financial services
Website	http://www.plfsbd.com/

# Premier Leasing and Finance Limited

Embark on a journey of financial excellence with Premier Leasing and Finance Limited, an institution founded on 26 September 1995 as Premier Leasing International Limited. .

As we evolved and transformed, securing approval for our initial public offering in 2005, we forged ahead with confidence. Our commitment to progress led to our renaming as Premier Leasing and Finance Limited in 2007.

Guided by visionary leaders, we navigated challenges and embraced change. Join us as we redefine financial services, led by a new era of leadership, dedicated to stability and growth. Premier Leasing and Finance Limited, your gateway to a prosperous future.

Company Name	Premier Leasing and Finance Limited
Founded	1995; 28 years ago
Address	Happy Rahman Plaza (5th Floor) 25-27, Kazi Nazrul Islam Avenue Bangla Motor Crossing, Dhaka -1000.
Contact	+88 02 41060022, 09666777880
Services	Financial services
Website	https://www.premierleasing.com.bd/

# Fareast Finance and Investment Limited

Discover the journey of Fareast Finance and Investment Limited, a symbol of financial resilience since its establishment in June 2001.

Led by esteemed figures such as MA Khaleque and Santanu Saha, the company engaged in notable ventures, including syndicated loans and collaborations with esteemed banks.

As the institution faced challenges and underwent changes in leadership, it encountered regulatory fines and withheld dividends for shareholders.

It persisted nonetheless, establishing vital alliances with Southeast Bank Limited and managing rescheduling loans. Fareast Finance & Investment Limited continues to be dedicated to its objective in spite of setbacks, as seen by its continued presence in the market and its will to correct prior errors.

Discover the path of this organization, which has survived the turbulence and is still committed to providing financial solutions.

Company Name	Fareast Finance and Investment Limited
Founded	in June 21, 2001
Address	Dhaka, Bangladesh
Linkedln	https://bd.linkedin.com/company/fareast-finance-investment-limited
Services	Financial services

Know Here: Top 10 Ngo in Bangladesh

List of on-Banking Finance Institutions in Bangladesh 2024

Introducing a thorough introduction to Bangladesh’s dynamic financial industry and a list of on-banking finance institutions in Bangladesh in 2024! Learn about the limitless prospects and tremendous development that lie in this thriving nation’s financial industry.

Unveiling the ultimate collection of finance companies, this carefully curated list encompasses the finest institutions, innovative solutions, and industry pioneers that are shaping the on-banking financial landscape of Bangladesh in 2024.

•         Aviva Finance Limited
•         Bangladesh Industrial Finance Company Limited
•         Chartered Credit Cooperative Limited
•         Credit Rating Agency of Bangladesh Limited
•         Credit Rating Information and Services Limited
•         GSP Finance Company (Bangladesh) Limited
•         IDLC Finance Limited
•         International Leasing and Financial Services Limited
•         Investment Corporation of Bangladesh
•         IPDC Finance
•         LankaBangla Finance Limited
•         Lloyds Commerce and Investment Cooperative Society Limited
•         MIDAS Financing Limited
•         Saudi-Bangladesh Industrial and Agricultural Investment Company Limited
•         UAE-Bangladesh Investment Company Limited
•         United Finance
•         Uttara Finance and Investments Limited
•         Fareast Finance and Investment Limited
•         FAS Finance and Investment Limited
•         F. Ferguson & Co.
•         People’s Leasing and Financial Services Limited
•         Premier Leasing and Finance Limited
•         First Finance Limited
•         Delta Brac Housing Finance Corporation
•         Grameen Fund
•         National Housing Finance and Investments Limited
•         National Finance Ltd
•         Islamic Finance and Investment Limited
•         Hajj Finance Company Limited
•         Delta Brac Housing Finance Corporation Ltd. (DBH)
•         Phoenix Finance and Investments Limited
•         Reliance Finance Limited

Read More: Top 10 Polytechnic Institutes In Bangladesh

Final Word

I hope this article has given you a good idea about the financial excellence of the top 10 finance companies in Bangladesh. These industry-leading institutions have been carefully selected based on their unwavering commitment to providing exceptional financial solutions.

With a diverse range of services and a customer-centric approach, these companies stand out for their innovation, reliability, and professionalism. Whether you are looking for corporate finance, SME financing, retail loans, or investment opportunities, rest assured that these finance companies have you covered.

 Top 10 finance companies in Bangladesh Experience peace of mind with trusted expertise and unlock your financial potential.

FAQs about the Top 10 Finance Company in Bangladesh

Q: How Many Types of Financial Institutions in Bangladesh?

Answer: The financial system of Bangladesh comprising state own, private and foreign commercial banks, Islamic commercial banks, government owned specialized and development banks, non-schedule bank, non-banking financial institutes, merchant banks, insurance companies, stock exchanges and cooperative banks.

Q: What Are The Top 5 NBFI In Bangladesh?

Answer: The companies are Bangladesh Finance, United Finance, National Housing Finance & Investment, IDLC Finance, Delta Brac Housing Finance Corporation, IPDC Finance and Islamic Finance & Investment.

Q: How Many Financial Institutions in Bangladesh?

Answer: There are 61 scheduled banks in Bangladesh who operate under full control and supervision of Bangladesh Bank which is empowered to do so through Bangladesh Bank Order, 1972 and Bank Company Act, 1991.

Q: Which Finance Company Is Best in Bangladesh?

Answer: IDLC Finance Limited, United Finance, IPDC Finance, GSP Finance etc. is the best Finance Company Is Best in Bangladesh.

Q: Who Is The Biggest Finance in Bangladesh?

Answer: Top Financial Services Companies in Bangladesh · Filter Companies · HSBC · Standard Chartered Bank · Citi · Bkash · Barclays · the City Bank · the World Bank.

Know More:

• Top 10 Longest Bridge in Bangladesh
• Top 10 Islamic Banks in Bangladesh
• Top 10 Madrasa in Bangladesh
• Top 10 Private Engineering Universities in Bangladesh
• Top 10 Private University In Bangladesh
• Top 10 Software Company in Bangladesh In 2024
• Top 10 Hotels in Bangladesh in 2024
• Top 10 TV Channels in Bangladesh
• Top 10 Cement Companies in Bangladesh
• Top 10 Plastic Companies in Bangladesh
• Top 10 Footwear Companies in Bangladesh
• 15 Best Sweet Shops in Dhaka, Bangladesh