Premier Leasing & Finance Limited

Premier Leasing & Finance Limited, a third generation financial institution, was registered on September 26, 2001 as a Public Limited Company as Premier Leasing International Limited with authorized capital of TK.400 million and initial paid-up capital of TK.51 million. The company went for public subscription by floating its shares in the capital market in July 2005. Company’s issued and fully paid-up capital as on December 31, 2008 stood at TK.344 million.

The company was renamed as Premier Leasing & Finance Limited on September 25, 2007. The company was given license by Bangladesh Bank on February 4, 2002 to operate as a Financial Institution. All activities of the company are regulated by the Bangladesh Bank as per Financial Institutions Act, 1993.

The company started its operation in the leasing sector in Bangladesh from February 25, 2002 and carrying out its activities by allowing Lease Finance and Term Finance in various sectors, viz. transport, industrial expansion, household durables, office equipment, agricultural equipment, industrial machinery and equipment etc.

Dr. Mizanur Rahman Shelley is the founder Chairman of the company. Dr. Shelley had his stints as a teacher in Dhaka University, a member of the erstwhile CSP, a technocrat cabinet minister. He is also the founder Chairman of the Centre for Development Research, Bangladesh (CDRB). Other Sponsors/ Directors of the company are reputed business people and most of them have got considerable investments in Banking & Insurance sectors.

The company is being managed by a group of skilled professionals having long experience in Banks, Financial Institutions and investment sectors.