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Bangladesh Industrial Finance Company Limited
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Bangladesh Industrial Finance Company Limited (BIFC) was incorporated in 1996 as a public limited company and obtained its license from Bangladesh Bank in 1998 to operate as a Non-Banking Financial Institution (NBFI). The company's primary business involves providing a range of financial products and services, including lease finance for machinery and equipment, term loans for industrial and commercial projects, and real estate financing. Despite its initial objectives, the company has faced severe financial distress and regulatory intervention in recent years due to significant financial irregularities.
Bangladesh
Industry
Financial