Uttara Finance And Investment Limited (Bangladesh)

Uttara Finance and Investments Limited, located in Dhaka, Bangladesh, is a major non-bank financial institution. It has been operating since May 7, 1995, and its public issued shares have been traded since July 15, 1997. The company is listed in the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), and its status is BLUE CHIPS. The paid-up capital of Uttara Finance and Investments Limited is BDT - 1314815040. Uttara Finance and Investments Limited is owned by the owners of Uttara Group of Companies. The chairman of the company is Major General (retired) Mohammad Maksudur Rahman. However, the former managing director, SM Shamsul Arefin, was removed by Bangladesh Bank due to financial irregularities and a 51 billion BDT scam. The main services provided by Uttara Finance and Investments Limited include lease finance for machinery, equipment, vehicles, and household durables for industrial, commercial, and personal use in Bangladesh. The company also offers temporary finance within the legal framework, as well as various merchant banking services. Additionally, Uttara Finance and Investments Limited accepts term deposits from the general public on attractive terms. The company has three branches located in Chittagong, Gulshan (Dhaka), and Bogura. It offers a range of financial products, including industrial loans, personal loans, bridge finance, working capital loans, fixed deposits, monthly profit schemes, double money deposits, and zero down payment schemes.