NASSA Group

NASSA Group

NASSA Group of Industries was founded in 1990 by Nazrul Islam Mazumder. It is one of Bangladesh's largest industrial conglomerate.

NASSA Group Limited has interests in Garment Manufacturing, Banking, Real Estate, Stock Brokering, Education and Travel.

In 1990, Nazrul Islam Mazumder, along with his colleagues Saiful Islam, Mamun Abdullah, Nazrul Islam Swapan, Mr Altaf and the late Mr Kamrul, started their first factory, Starlight Knit-wear, under the NASSA Group's banner. The factory is still located at 2/b Elephant road, Dhaka, and had an employee count of 300 people, to contrast that with the 30,000+ people being employed by NASSA at the moment. Nazrul Islam Swapan left the company in 2010 over a dispute over ownership with Nazrul Islam Mazumder.

Then along the line in 1999, EXIM Bank was incorporated into the NASSA Group.

In 2017, after the Government of Bangladesh used intelligence agencies to remove the directors of Islami Bank Bangladesh, seven companies of NASSA received loans from the Bank without adequate collateral. NASSA group has defaulted on its loans in the past.