Bangladesh Infrastructure Finance Fund Limited

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About Bangladesh Infrastructure Finance Fund Limited

Bangladesh Industrial Finance Company Limited is a major non-bank financial institution in Bangladesh.

In 2021 the company got into financial troubles due to embezzlement by its former chairman Abdul Mannan.[2] The company had given large loans that were none performing to Sunman Group subsidiaries, owned by Abdul Mannan.[3]

The company is listed on the Dhaka Stock Exchange.[4] Bangladesh Industrial Finance Company Limited was one of four financial institutions targeted by Proshanta Kumar Halder; the others were People's Leasing and Financial Service LimitedFAS Finance and Investment Limited, and Reliance Finance Limited.[5][6][7]

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