Welcome to PLFS

People’s Leasing and Financial Services Limited (PLFS) is a financial institution established within the ambit of Financial Institutions Act-1993 and was incorporated as a Public Limited Company under Companies Act-1994 on August 12, 1996. Company obtained license from Bangladesh Bank on November 24, 1997 to carry on lease finance business. Authorized Capital of the Company is Tk. 500 million divided into 5 million ordinary shares of Tk. 100/- each while Paid-up Capital as on September 30, 2004 stands at Tk. 130 million subscribed by the sponsors. Now a days Company become successful and has made a well built base to create its position as a progressive Leasing Company and an individual self in versatile arena of FI of the Country.

 

 

PEOPLE’S LEASING

At a Glance

 

Company Name                                                                              :               People’s Leasing and Financial Services Limited.

Registration No.                                                                              :               C-31162 (283)/96, Dated: August 12, 1996.

Incorporation                                                                                   :               August 12, 1996

Commencement of Business                                                        :               August 26, 1996

Receipt of License as Non-Banking Financial Institution    :               November 24,1997

Registered Office                                                                              :               ParamountHeights, Level 12th  & 13th

65/2/1, Box Culvert Road, Purana Paltan,

Dhaka-1000, Bangladesh

Authorized Capital                                                                          :               Tk. 500.00 (Five Hundred) Crore

Paid-up Capital                                                                                :               Tk. 2,096,900,630.00

First Lease Agreement Signed                                                     :               April 30, 2002

Commencement of Home Loan Finance                                  :               October 25, 2004

Initial Public Offering (IPO)                                                        :               May (14-18), 2005

Launching of SME Finance                                                          :               July 05,2005

Enlistment in DSE & CSE                                                             :               July 20, 2005

Establishment of Branch at Gulshan                                       :               October 30, 2007

Conversion of Face Value  share from Tk. 100/- to Tk. 10/-                  July 27, 2010

Issuance of Preference Shares                                                     :               October 06, 2010

Board of Directors                                                                           :               11

Number of Employees                                                                   :               89

Number of Shareholders                                                               :               49,878 as on Record Date May 12, 2013

Last AGM held                                                                                  :               Tuesday, June 26, 2012

Auditor                                                                                               :               M/s. Saha Mazumder & Co.

Chartered Accountants