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Fareast Finance & Investment Limited (Bangladesh)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities | Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
Full name: Fareast Finance & Investment Limited Profile Updated: February 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Fareast Finance & Investment Limited (FFIL) is a public limited company with limited liability located in Dhaka, Bangladesh. It was incorporated on June 21, 2001, under The Companies Act, 1994. The company obtained a license from Bangladesh Bank to operate as a Non-Banking Financial Institution under The Financial Institutions Act, 1993. FFIL is a leasing and financing company that started its business in early 2002. The company aims to serve its clients with high ethical standards and accountability. Their mission is to maximize customer satisfaction while adding value to the nation's wealth. FFIL aspires to become the market leader in capital investment by focusing on building relationships with clients and financiers for long-term perspectives. The company is committed to developing a sense of belongingness among its team members and providing quality and prompt service to satisfy customer needs. Fareast management also emphasizes the importance of reviewing, evaluating, and measuring the performance of its operations to ensure compliance with quality standards.

Legal Address
Simpletree Lighthouse, (10th Floor), Plot-53, Road No.-21, Block-B, Kemal Ataturk Avenue Banani, Dhaka-1213
Dhaka; Dhaka; Postal Code: 1213

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Website: http://www.ffilbd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 21, 2001
Key Executives
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Managing Director
Ownership Details
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11.94%
Company Performance
Financial values in the chart are available after Fareast Finance & Investment Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net interest income
13.97%
Operating profit (EBIT)
57.73%
Net Profit (Loss) for the Period
51.3%
Total assets
-3.86%
Total equity
-17.78%
Total Assets Trend
-2.3%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-9.32%
Loans to Asset Ratio
-0.69%

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