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United Finance

Coordinates: 23°44′35″N 90°23′43″E / 23.74315°N 90.39527°E / 23.74315; 90.39527
From Wikipedia, the free encyclopedia

United Finance Limited
Company typePrivate
DSEUNITEDFIN
IndustryFinance
PredecessorUnited Leasing Company Limited
FoundedApril 27, 1989 (1989-04-27) in Dhaka, Bangladesh
HeadquartersCamellia House, 22 Kazi Nazrul Islam Avenue, ,
Bangladesh
Number of locations
25 offices (2024)
Area served
Bangladesh
Key people
Services
  • BDT 1067 million (2023)
Total assets
  • BDT 28,819 million (2023)
Total equity
  • BDT 3,241 million (2023)
Owners
  • Duncan Brothers (Bangladesh) Limited
  • Lawrie Group PLC United Kingdom
  • Camellia PLC (United Kingdom)
Number of employees
700 (2024)
Websitewww.unitedfinance.com.bd

United Finance started its journey as a non-banking financial institution in 1989. They are affiliated with Duncan Brothers (Bangladesh) Limited, Camellia PLC (United Kingdom) and Lawrie Group PLC (United Kingdom) and its associated concerns who have a combined presence of over 150 years in Bangladesh.[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 25 branch offices across the country covering all 64 districts with financial services. The company has branch office in Dhaka, Bongshal, Gazipur, Tejgaon, Jinjira, Narsingdi, Shyamoli, Chattogram, Begumganj, Cox's Bazar, Cumilla, Rangamati, Jashore, Bogura, Sylhet, Rangpur, Dinajpur, Chuadanga, Barishal, Noakhali, Rajshahi, Khulna, Gazipur, Pabna, Belkuchi and Mymensingh district.[6][7]

Major sponsorship

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United Finance along with United Insurance would regularly organize international chess tournaments till 2009. The tournament was held biannually, and in 2009 it was hosted for the 9th time.[8][9]

References

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  1. ^ ইউনাইটেড লিজিং কোম্পানি লিমিটেড [United Leasing Company Limited]. ebanglapedia (in Bengali). Archived from the original on 3 November 2015. Retrieved 3 November 2015.
  2. ^ a b "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.
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23°44′35″N 90°23′43″E / 23.74315°N 90.39527°E / 23.74315; 90.39527