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{{Infobox company
{{Infobox company
| name               = United Finance Limited
| name = United Finance PLC
| logo               = United finance limited logo.png
| logo = United finance limited logo.png
| logo_size           = 220px
| logo_size = 200px
| logo_alt           =  
| logo_alt =  
| logo_caption       = Logo of United Finance Limited
| logo_caption = Logo of United Finance PLC
| logo_padding       =  
| logo_padding =  
| image               =
| image =  
| image_size         =
| image_size =  
| image_alt           =  
| image_alt =  
| image_caption       =  
| image_caption =  
| predecessor         = United Leasing Company Limited  
| predecessor = United Leasing Company Limited
| type               = [[Public limited company|Public]]
| type = [[Public limited company|Private]]
| traded_as           = {{Dse|UNITEDFIN}}
| traded_as = {{Dse|UNITEDFIN}}
| industry           = [[Non-bank financial institution|Finance]]
| industry = [[Non-bank financial institution|Finance]]
| founded             = {{start date|1989|09|12}} in [[Dhaka]], Bangladesh
| founded = {{start date|1989|04|27}} in [[Dhaka]], Bangladesh
| founder             =             <!-- or: | founders = -->
| founder = <!-- or: | founders = -->
| hq_location         = Camellia House, 22 Kazi Nazrul Islam Avenue
| hq_location = Camellia House, 22 Kazi Nazrul Islam Avenue, Dhaka-1000
| hq_location_city   = Dhaka
| hq_location_city = [[Dhaka]]
| hq_location_country = Bangladesh
| hq_location_country = Bangladesh
| num_locations       = 19 branches
| num_locations = 23 offices
| num_locations_year = 2015
| num_locations_year = 2025
| area_served         = Bangladesh
| area_served = Bangladesh
| key_people         = {{ubl|Imran Ahmed ([[Chairman]])|Syed Ehsan Quadir ([[Managing Director|MD]])|Zafar Ullah Khan ([[Chief financial officer|CFO]])}}
| key_people = {{ubl||Mohammad Rafiqul Islam ([[Managing Director|MD]])}}
| services           = {{ubl|[[Financial services|financing]]|[[investment]]|[[Collective investment scheme|contractual savings]]}}
| services = {{ubl|[[Financial services|Corporate Finance]]|[[SME Finance]]|[[Credit Sale Finance]]|[[Home Loan]]|[[Deposits]]}}
| revenue            = {{ubl|{{increase}} BD৳ 944 million (2014)|BD৳ 836 million (2013)}}
| net_income = {{ubl|BDT 1067 million (2023)}}
| revenue_year        = 2015
| assets = {{ubl|BDT 28,819 million (2023)}}
| operating_income    = {{ubl|{{increase}} BD৳ 538 million (2014)|BD৳ 449 million (2013)}}
| equity = {{ubl|BDT 3,241 million (2023)}}
| income_year        = 2015
| owners = [[United Group (Bangladesh)|United Group]]
| net_income         = {{ubl|{{increase}} BD৳ 324 million (2014)|BD৳ 266 million (2013)}}
| num_employees = 700<!-- {{ublist|class=nowrap |{{steady}} 700 (2020) |127 (2010)}}-->
| net_income_year    = 2015
| num_employees_year = 2024
| assets             = {{ubl|{{increase}} BD৳ 15,847 million (2014)|BD৳ 13,929 million (2013)}}
| website = {{URL|www.ufplc.com}}
| assets_year        = 2015
| equity             = {{ubl|{{increase}} BD৳ 2,425 million (2014)|BD৳ 2,165 million (2013)}}
| equity_year        = 2015
| owners             = {{ublist |United Insurance Co. Ltd. (20.64%)|Lawrie Group Plc, U.K. (20%)}}
| num_employees       = 315<!-- {{ublist|class=nowrap |{{steady}} 127 (2011) |127 (2010)}}-->
| num_employees_year = 2015
| divisions          = {{ublist |Sales |Credit-sale financing |Information technologies |Collection |Human resources }}
| homepage            = {{URL|unitedfinance.com.bd}}
}}
}}
United Finance Limited started its journey as United Leasing Company Limited in 1989 with a single product focus. Duncan Brothers Limited, a well established company operating in Bangladesh for over 150 years. Asian Development Bank, Commonwealth Corporation along with several local and international corporations came together to form this institution. In 1995, the Company obtained license from Bangladesh Bank as a financial institution and has been trading in A-category shares in the Dhaka Stock Exchange. United Finance is one of the only 13 financial institutions allowed by the Government to take Public Sector deposits
'''United Finance''' (formerly United Leasing Company) started its journey as a non-banking financial institution in 1989. <ref>{{cite web |url=http://www.ebanglapedia.com/bn/article.php?id=52&title=%E0%A6%87%E0%A6%89%E0%A6%A8%E0%A6%BE%E0%A6%87%E0%A6%9F%E0%A7%87%E0%A6%A1-%E0%A6%B2%E0%A6%BF%E0%A6%9C%E0%A6%BF%E0%A6%82-%E0%A6%95%E0%A7%8B%E0%A6%AE%E0%A6%AA%E0%A6%BE%E0%A6%A8%E0%A6%BF-%E0%A6%B2%E0%A6%BF%E0%A6%AE%E0%A6%BF%E0%A6%9F%E0%A7%87%E0%A6%A1 |script-title=bn:ইউনাইটেড লিজিং কোম্পানি লিমিটেড |language=bn |trans-title=United Leasing Company Limited |work= |url-status=live |archive-url=https://web.archive.org/web/20151103083226/http://www.ebanglapedia.com/bn/article.php?id=52&title=%E0%A6%87%E0%A6%89%E0%A6%A8%E0%A6%BE%E0%A6%87%E0%A6%9F%E0%A7%87%E0%A6%A1-%E0%A6%B2%E0%A6%BF%E0%A6%9C%E0%A6%BF%E0%A6%82-%E0%A6%95%E0%A7%8B%E0%A6%AE%E0%A6%AA%E0%A6%BE%E0%A6%A8%E0%A6%BF-%E0%A6%B2%E0%A6%BF%E0%A6%AE%E0%A6%BF%E0%A6%9F%E0%A7%87%E0%A6%A1 |archive-date=3 November 2015 |access-date=3 November 2015 }}</ref><ref name="bloomberg">{{cite web |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=20376853 |title=Company Overview of United Finance PLC.|work=Bloomberg Business |url-status=live |archive-url=https://web.archive.org/web/20150819190520/http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=20376853 |archive-date=19 August 2015 |access-date=19 August 2015}}</ref><ref>{{cite news |url=http://www.thefinancialexpress-bd.com/2014/12/30/73434 |title=DSE news in brief |work=[[The Financial Express (Bangladesh)]] |location=Dhaka |date=30 December 2014 |url-status=live |archive-url=https://web.archive.org/web/20150731161530/http://www.thefinancialexpress-bd.com/2014/12/30/73434 |archive-date=31 July 2015 |access-date=19 August 2015 }}</ref> It is listed in [[Dhaka Stock Exchange]].<ref name="bbn">{{cite news |url=http://businessnews-bd.com/lafarge-surma-united-finance-declare-dividend/ |title=Lafarge Surma, United Finance declare dividend |work= |date=8 March 2015 |url-status=live |archive-url=https://web.archive.org/web/20150819185610/http://businessnews-bd.com/lafarge-surma-united-finance-declare-dividend/ |archive-date=19 August 2015 |access-date=19 August 2015 }}</ref> It provides financial services, such as investments, leases, loans, term finance, channel financing.<ref name="bloomberg"/> 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.<ref>{{cite news |last=Rahman |first=Sajjadur |url=http://www.thedailystar.net/business/nbfis-cost-funds-falls-record-low-141205 |title=NBFIs' cost of funds falls to record low |work=[[The Daily Star (Bangladesh)]] |location=[[Dhaka]] |date=11 September 2015 |url-status=live |archive-url=https://web.archive.org/web/20151026180040/http://www.thedailystar.net/business/nbfis-cost-funds-falls-record-low-141205 |archive-date=26 October 2015 |access-date=29 October 2015 }}</ref>


Initially United Finance focused on providing lease financing mostly to the medium sized customers but over the years it has diversified its range of products to meet the financial needs of clients ranging from corporate to individuals, irrespective of size.
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.<ref>{{cite web |url=https://www.unitedfinance.com.bd/cmilestones.htm |title=About Us |url-status=live |archive-url=https://web.archive.org/web/20150225161230/http://www.unitedfinance.com.bd/cmilestones.htm |archive-date=25 February 2015 |access-date=29 October 2015 }}</ref><ref>{{cite news |url=http://www.thefinancialexpress-bd.com/old/2010/02/02/91260.html |title=United Leasing opens branch in Sylhet |work=[[The Financial Express (Bangladesh)]] |location=[[Dhaka]] |date=2 February 2010 |url-status=live |archive-url=https://web.archive.org/web/20151029072750/http://www.thefinancialexpress-bd.com/old/2010/02/02/91260.html |archive-date=29 October 2015 |access-date=29 October 2015 }}</ref>
 
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The Company started operation as a leasing company with only one office in the capital. With the progression of time it expanded its wings to cover areas beyond Dhaka. Now United Finance operates through 19 business offices across the country bringing all 64 districts under its financial coverage.<!--
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     1 History
         1.1 1990s
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==History==
In November 2024, [[United Group (Bangladesh)|United Group]] purchased United Finance PLC from its original sponsors for Tk. 174 crore.<ref>[https://www.tbsnews.net/economy/stocks/united-group-founders-enter-nbfi-insurance-sectors-acquiring-duncans-firms-990601 Report]. [[The Business Standard]]. Retrieved 14 March 2025.</ref>
== Major sponsorship ==
== Major sponsorship ==
United Finance along with United Insurance was regularly organize international chess tournament until 2009. The tournament was held biannually for 9th time.<ref>{{cite news |url=http://www.thefinancialexpress-bd.com/old/2009/08/30/77564.html |title=Dibyendu lifts United GM chess title |work=[[The Financial Express (Bangladesh)]] |location=Dhaka |date=2009-08-30 |deadurl=no |archiveurl=https://web.archive.org/web/20151103074948/http://www.thefinancialexpress-bd.com/old/2009/08/30/77564.html |archivedate=2015-11-03 |accessdate=2015-11-03 }}</ref><ref>{{cite web |url=http://www.fide.com/component/content/article/4-tournaments/1832-323-bangladesh-8th-united-insurance-and-united-leasing-international.html |title=Bangladesh 8th United Insurance and United Leasing International |work=Fide.com |date=2007-03-24 |deadurl=no |archiveurl=https://web.archive.org/web/20151103080804/http://www.fide.com/component/content/article/4-tournaments/1832-323-bangladesh-8th-united-insurance-and-united-leasing-international.html |archivedate=2015-11-03 |accessdate=2015-11-03 }}</ref>
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.<ref>{{cite news |url=http://www.thefinancialexpress-bd.com/old/2009/08/30/77564.html |title=Dibyendu lifts United GM chess title |work=[[The Financial Express (Bangladesh)]] |location=[[Dhaka]] |date=30 August 2009 |url-status=live |archive-url=https://web.archive.org/web/20151103074948/http://www.thefinancialexpress-bd.com/old/2009/08/30/77564.html |archive-date=3 November 2015 |access-date=3 November 2015 }}</ref><ref>{{cite web |url=http://www.fide.com/component/content/article/4-tournaments/1832-323-bangladesh-8th-united-insurance-and-united-leasing-international.html |title=Bangladesh 8th United Insurance and United Leasing International |work=Fide |date=24 March 2007 |url-status=live |archive-url=https://web.archive.org/web/20151103080804/http://www.fide.com/component/content/article/4-tournaments/1832-323-bangladesh-8th-united-insurance-and-united-leasing-international.html |archive-date=3 November 2015 |access-date=3 November 2015 }}</ref>
 
==See also==
{{Portal|Dhaka|Companies}}
* [[IDLC Finance Limited]]
* [[IDLC Investments Limited]]


==References==
==References==
{{reflist|2}}
{{reflist}}


== External links ==
== External links ==
* [https://www.unitedfinance.com.bd/ Official Website]
* {{URL|https://www.unitedfinance.com.bd/|Official Website}}


{{Coord|23.74315|N|90.39527|E|region:BD|display=title}}
{{Coord|23.74315|N|90.39527|E|region:BD|display=title}}
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[[Category:Financial services companies established in 1989]]
[[Category:Financial services companies established in 1989]]
[[Category:Financial services companies of Bangladesh]]
[[Category:Financial services companies of Bangladesh]]
[[Category:Companies established in 1989]]
[[Category:1989 establishments in Bangladesh]]
[[Category:1989 establishments in Bangladesh]]
[[Category:Leasing companies]]
[[Category:Leasing companies]]
[[Category:Companies listed on the Dhaka Stock Exchange]]
[[Category:Companies listed on the Dhaka Stock Exchange]]
[[Category:United Group]]

Latest revision as of 16:47, 1 October 2026

Template:Infobox company United Finance (formerly United Leasing Company) started its journey as a non-banking financial institution in 1989. [1][2][3] It is listed in Dhaka Stock Exchange.[4] It provides financial services, such as investments, leases, loans, 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]

History

In November 2024, United Group purchased United Finance PLC from its original sponsors for Tk. 174 crore.[8]

Major sponsorship

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.[9][10]

References

  1. ↑ "Error: no Template:Para specified when using {{cite web}}" (in bn). http://www.ebanglapedia.com/bn/article.php?id=52&title=%E0%A6%87%E0%A6%89%E0%A6%A8%E0%A6%BE%E0%A6%87%E0%A6%9F%E0%A7%87%E0%A6%A1-%E0%A6%B2%E0%A6%BF%E0%A6%9C%E0%A6%BF%E0%A6%82-%E0%A6%95%E0%A7%8B%E0%A6%AE%E0%A6%AA%E0%A6%BE%E0%A6%A8%E0%A6%BF-%E0%A6%B2%E0%A6%BF%E0%A6%AE%E0%A6%BF%E0%A6%9F%E0%A7%87%E0%A6%A1. 
  2. ↑ 2.0 2.1 "Company Overview of United Finance PLC.". Bloomberg Business. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=20376853. 
  3. ↑ "DSE news in brief". The Financial Express (Bangladesh) (Dhaka). 30 December 2014. http://www.thefinancialexpress-bd.com/2014/12/30/73434. 
  4. ↑ "Lafarge Surma, United Finance declare dividend". 8 March 2015. http://businessnews-bd.com/lafarge-surma-united-finance-declare-dividend/. 
  5. ↑ Rahman, Sajjadur (11 September 2015). "NBFIs' cost of funds falls to record low". The Daily Star (Bangladesh) (Dhaka). http://www.thedailystar.net/business/nbfis-cost-funds-falls-record-low-141205. 
  6. ↑ "About Us". https://www.unitedfinance.com.bd/cmilestones.htm. 
  7. ↑ "United Leasing opens branch in Sylhet". The Financial Express (Bangladesh) (Dhaka). 2 February 2010. http://www.thefinancialexpress-bd.com/old/2010/02/02/91260.html. 
  8. ↑ Report. The Business Standard. Retrieved 14 March 2025.
  9. ↑ "Dibyendu lifts United GM chess title". The Financial Express (Bangladesh) (Dhaka). 30 August 2009. http://www.thefinancialexpress-bd.com/old/2009/08/30/77564.html. 
  10. ↑ "Bangladesh 8th United Insurance and United Leasing International". Fide. 24 March 2007. http://www.fide.com/component/content/article/4-tournaments/1832-323-bangladesh-8th-united-insurance-and-united-leasing-international.html. 

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

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