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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''' is a Bangladeshi [[Non-bank financial institution|non-bank finance company]] formerly known as United Leasing Company<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 |title=ইউনাইটেড লিজিং কোমপানি লিমিটেড |language=bn |trans_title=United Leasing Company Limited |work=ebanglapedia |deadurl=no |archiveurl=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 |archivedate=2015-11-03 |accessdate=2015-11-03 }}</ref> and changed into United Finance in 2014.<ref name="bloomberg">{{cite web |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=20376853 |title=Company Overview of United Finance Limited |work=Bloomberg Business |deadurl=no |archiveurl=https://web.archive.org/web/20150819190520/http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=20376853 |archivedate=2015-08-19 |accessdate=2015-08-19 }}</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=2014-12-30 |deadurl=no |archiveurl=https://web.archive.org/web/20150731161530/http://www.thefinancialexpress-bd.com/2014/12/30/73434 |archivedate=2015-07-31 |accessdate=2015-08-19 }}</ref> It is listed in [[Dhaka Stock Exchange|DSE]].<ref name="bbn">{{cite news |url=http://businessnews-bd.com/lafarge-surma-united-finance-declare-dividend/ |title=Lafarge Surma, United Finance declare dividend |work=Bangladesh Business News |date=2015-03-08 |deadurl=no |archiveurl=https://web.archive.org/web/20150819185610/http://businessnews-bd.com/lafarge-surma-united-finance-declare-dividend/ |archivedate=2015-08-19 |accessdate=2015-08-19 }}</ref> It provides financial services, such as investment, lease, loan, 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=Daily Star |location=Dhaka |date=2015-09-11 |deadurl=no |archiveurl=https://web.archive.org/web/20151026180040/http://www.thedailystar.net/business/nbfis-cost-funds-falls-record-low-141205 |archivedate=2015-10-26 |accessdate=2015-10-29 }}</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 branch office in Dhaka, Chittagong, Jessore, Bogra, Gazipur, Sylhet, Rangpur, Chuadanga, Barisal, Noakhali, Rajshahi, Khulna and Mymensingh districts.<ref>{{cite web |url=https://www.unitedfinance.com.bd/cmilestones.htm |title=About Us |deadurl=no |archiveurl=https://web.archive.org/web/20150225161230/http://www.unitedfinance.com.bd/cmilestones.htm |archivedate=2015-02-25 |accessdate=2015-10-29 }}</ref><ref>{{cite news |url=http://www.thefinancialexpress-bd.com/old/2010/02/02/91260.html |title=United Leasing opens branch in Sylhet |work=Financial Express |location=Dhaka |date=2010-02-02 |deadurl=no |archiveurl=https://web.archive.org/web/20151029072750/http://www.thefinancialexpress-bd.com/old/2010/02/02/91260.html |archivedate=2015-10-29 |accessdate=2015-10-29 }}</ref> It has booth office in Sirajgong and Rangamati districts.
 
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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.<!--
     1 History
     1 History
         1.1 1990s
         1.1 1990s

Revision as of 12:15, 26 October 2017

Template:Infobox company United Finance is a Bangladeshi non-bank finance company formerly known as United Leasing Company[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 branch office in Dhaka, Chittagong, Jessore, Bogra, Gazipur, Sylhet, Rangpur, Chuadanga, Barisal, Noakhali, Rajshahi, Khulna and Mymensingh districts.[6][7] It has booth office in Sirajgong and Rangamati districts.

Major sponsorship

United Finance along with United Insurance was regularly organize international chess tournament until 2009. The tournament was held biannually for 9th time.[8][9]

See also


References

  1. ↑ "ইউনাইটেড লিজিং কোমপানি লিমিটেড" (in bn). ebanglapedia. Archived from the original on 2015-11-03. 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. Retrieved on 2015-11-03. 
  2. ↑ 2.0 2.1 "Company Overview of United Finance Limited". Bloomberg Business. Archived from the original on 2015-08-19. https://web.archive.org/web/20150819190520/http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=20376853. Retrieved on 2015-08-19. 
  3. ↑ "DSE news in brief". The Financial Express (Bangladesh) (Dhaka). 2014-12-30. Archived from the original on 2015-07-31. https://web.archive.org/web/20150731161530/http://www.thefinancialexpress-bd.com/2014/12/30/73434. Retrieved on 2015-08-19. 
  4. ↑ "Lafarge Surma, United Finance declare dividend". Bangladesh Business News. 2015-03-08. Archived from the original on 2015-08-19. https://web.archive.org/web/20150819185610/http://businessnews-bd.com/lafarge-surma-united-finance-declare-dividend/. Retrieved on 2015-08-19. 
  5. ↑ Rahman, Sajjadur (2015-09-11). "NBFIs' cost of funds falls to record low". Daily Star (Dhaka). Archived from the original on 2015-10-26. https://web.archive.org/web/20151026180040/http://www.thedailystar.net/business/nbfis-cost-funds-falls-record-low-141205. Retrieved on 2015-10-29. 
  6. ↑ "About Us". Archived from the original on 2015-02-25. https://web.archive.org/web/20150225161230/http://www.unitedfinance.com.bd/cmilestones.htm. Retrieved on 2015-10-29. 
  7. ↑ "United Leasing opens branch in Sylhet". Financial Express (Dhaka). 2010-02-02. Archived from the original on 2015-10-29. https://web.archive.org/web/20151029072750/http://www.thefinancialexpress-bd.com/old/2010/02/02/91260.html. Retrieved on 2015-10-29. 
  8. ↑ "Dibyendu lifts United GM chess title". The Financial Express (Bangladesh) (Dhaka). 2009-08-30. Archived from the original on 2015-11-03. https://web.archive.org/web/20151103074948/http://www.thefinancialexpress-bd.com/old/2009/08/30/77564.html. Retrieved on 2015-11-03. 
  9. ↑ "Bangladesh 8th United Insurance and United Leasing International". Fide.com. 2007-03-24. Archived from the original on 2015-11-03. 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. Retrieved on 2015-11-03. 

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