United Finance

Bangladeshi public financial services company From Wikipedia, the free encyclopedia

United Finance 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]

Company typePrivate
IndustryFinance
PredecessorUnited Leasing Company Limited
Quick facts Company type, Traded as ...
United Finance PLC
Company typePrivate
DSE: UNITEDFIN
IndustryFinance
PredecessorUnited Leasing Company Limited
FoundedApril 27, 1989 (1989-04-27) in Dhaka, Bangladesh
HeadquartersCamellia House, 22 Kazi Nazrul Islam Avenue, Dhaka-1000, ,
Bangladesh
Number of locations
23 offices (2025)
Area served
Bangladesh
Key people
  • Mohammad Rafiqul Islam (MD)
Services
  • BDT 1067 million (2023)
Total assets
  • BDT 28,819 million (2023)
Total equity
  • BDT 3,241 million (2023)
OwnersUnited Group
Number of employees
700 (2024)
Websitewww.ufplc.com
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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

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