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From version < 6.2 >
edited by Md. Touhidul Islam
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6 6  = Summary =
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8 +* LankaBangla Finance Limited has started its journey in mid-1990s as a non-bank financial institution in Bangladesh. The company got registered with Bangladesh Bank in 1997 under Financial Institution Act-1993. The journey of the company began on November 5, 1996 as a joint-venture company.
9 +* As on December 31, 2019, total paid-up shares of the company were 513,179,641, BDT 10 each, thus paid-up capital of BDT 5,131,796,410. The shares of the company are owned by foreign institutions, local institutions, individuals, and general public. Sampath Bank PLC of Sri Lanka owns 9.47% of the company, ONE Bank Limited of Bangladesh owns 3.78% of the company, Directors of the company holds another 20.31% of the company. Thus, sponsors and/or directors hold 33.56% of the total share of the company.
10 +* LankaBangla Finance Limited has reported gross income of BDT 8,146 million in 2020, which was BDT 10,172 million in 2019. The gross revenue has decreased by 19.91% during this year mainly due to the impacts of Covid-19. In the gross income, interest income has been BDT 5,972 million, which was BDT 7,275 million – a 17.91% decrease. The company has reported BDT 987 million in total profit after tax in 2020, which was BDT 508 a year earlier.
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9 9  = Company Overview =
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