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The Financial Express
Swasti Lankabangla Swasti Lankabangla

Alliance Leasing and Finance makes debut

| Updated: December 06, 2017 13:57:20


Alliance Leasing and Finance makes debut

A new financial institution- Alliance Leasing and Finance Company Limited (ALFCL)- with multinational collaboration in Bangladesh recently began its journey.

The major sponsor of the company is People’s Leasing & Finance Plc, who are the market leaders in the NBFI sector of Sri Lanka, said a statement.

The local sponsors include Summit Group, Rangs Group, Alliance Holdings Limited, Green Delta Insurance Company Limited, Rabab Fashion Industry Limited and Concept Knitting Limited.

"With a robust IT system and strong customer-oriented culture adopted from Sri Lanka, we aim to provide technologically innovative financial services to the corporate, retail & SME sectors of Bangladesh," said a statement of the company.

 Jowher Rizvi is the chairman while Mr. Hemasiri Fernando, Mr. Lutfe M. Ayub, Ms. Fahima Akhter, Mr. Jehan Prasanna Amaratunga, Mr. Michael Pradeep Amirthanayagam, Mr. Johnson Anthony Fernando, Mr. N. Vasantha Kumar, Mr. M.A. Mohamed Rizwan, Mr. A. S. Ibrahim, Ms. Ayesha Aziz Khan, Ms. Sohana Rouf Chowdhury and Ms. Farzana Chowdhury are directors.

 -rmc//

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