People’s Leasing and Financial Services Limited

Table of Contents

People’s Leasing and Financial Services Limited founded under the purview of the Financial Institutions Act-1993 and chartered as a Public Limited Company pursuant to the Companies Act-1994 on the auspicious date of August 12, 1996, People’s Leasing and Financial Services Limited (PLFS) has been a stalwart in the financial landscape of Bangladesh.

Embraced by the regulatory framework, PLFS secured its lease finance business license from Bangladesh Bank on November 24, 1997. With an authorized capital of Tk. 500 million, structured into 50 million ordinary shares of Tk. 10/- each, PLFS stands as a testament to financial stability and growth. As of September 30, 2017, the paid-up capital amounted to Tk. 285 million, predominantly subscribed by the esteemed sponsors.

Here’s a glimpse into the essence of People’s Leasing:

Investor Products

ENTERPRISE SECTOR

Alliance Capital
Microfinance Solutions
Medium-Term Funding
Extended Funding Options
Rural Housing Loans
Agricultural Investment Packages

INDIVIDUAL SECTOR

Savings Plans
Collateralized Loans
Small Business Support
Asset Leasing Services
Asset Buyback Arrangements
Structured Loan Programs
Women-Owned Business Initiatives
Government Funding Assistance

FINANCIAL ASSISTANCE INQUIRIES

Fee Structures & Tariffs
Loan Eligibility Criteria

Company Details:

Company Name: People’s Leasing And Financial Services Limited
Incorporation: August 12, 1996
Company Registration No. (RJSC): C-31162 (283)/96
Commencement of Business: August 26, 1996

Regulatory Approvals:

Bangladesh Bank Permission (NBFI): November 24, 1997
Permission No.: 02067406

Legal Status:

Corporate Status: Public Limited Company
Stock Exchange Listing: Dhaka Stock Exchange Ltd. & Chittagong Stock Exchange Ltd.

Address:

Head Office & Registered Office: Paramount Heights, Level-12th & 13th, 65/2/1, Box Culvert Road, Purana Paltan, Dhaka-1000, Bangladesh.
E-mail: email@plfsbd.com
Website: www.plfsbd.com

Financial Information:

E-TIN: 112718581076
VAT Registration No.: 19081101959
Authorized Capital: BDT 500,00,00,000.00
Paid up Capital: BDT 285,44,05,970.00
Face Value per Share: Tk. 10.00

Corporate Governance:

Board of Directors: 07
Number of Employees: 32 (26 Executive and 06 support staff)
Number of Shareholders: 30,591 (as on Record Date August 07, 2018)

Corporate Events:

Last AGM: October 26, 2023
Accounting Year: January – December

Auditor:

Firm: M. J. Abedin & Co. Chartered Accountants

Contact Information:

Paramount Heights (12th Floor), 65/2/1 Box Culvert Road, Purana Paltan, Dhaka-1000.
Phone: +88 02 47118938 (Hunting)
Email: email@plfsbd.com