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Lankan Alliance Finance Limited (LAFL) launched its Structured Finance window recently. The joint venture of Non-bank financial institution (NBFI) with foreign collaboration hold the ceremony at its office in Gulshan, says a press release. Jowher Rizvi, Chairman of LAFL and chief guest on this special occasion, inaugurated the event while Kanti Kumar Saha, Chief Executive Officer, Shahanur Rashid, Head of Business, Kazi Nasim Ahmed, COO and other officials of LAFL were present. In order to provide innovative and customized debt…

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Lankan Alliance Finance Limited and the Bangladesh Bank have signed a participation agreement today for Technological Development. The revolving refinance fund formed from Bangladesh Bank's resources for the export-oriented industries to improve and upgrade technology platforms so that the export sector will have a better competitive edge, reads a press release. Kanti Kumar Saha, chief executive officer of Lankan Alliance Finance and Khondkar Morshed Millat, general manager at Sustainable Finance Department of Bangladesh Bank signed the agreement on behalf of their respective…

Shahanur Rashid Joined as Head of Business

Shahanur Rashid has recently joined as Head of Business at Lankan Alliance Finance Ltd, a joint venture multinational NBFI. He has a working experience of 16 years in local banks, NBFI, Investment Bank and multinational telecommunication company. Prior to joining Lankan Alliance Finance Ltd, he worked as Chief Operating Officer at NDB Capital, the investment banking arm of National Development Bank PLC of Sri Lanka, according to a statement.Previously, he worked at IIDFC as Head of Corporate Banking and The…

Lankan Alliance Finance signed MoU with DHS Motors Limited

(Dhaka) 20th December 2020: Lankan Alliance Finance Limited (LAFL), the subsidiary of the largest state-owned bank of Sri Lanka, has signed an MoU with DHS Motors Ltd., the sole distributor of brand-new Honda vehicles in Bangladesh, this morning at LAFL’s Head Office, Dhaka. Under this MoU, Lankan Alliance Finance will extend the auto loan for the customers of DHS Motors at preferential terms within the shortest possible time. Chief Executive Officer of Lankan Alliance Finance Ltd. (LAFL), Kanti Kumar Saha and Managing…

Lankan Alliance Finance partners with Padakhep Manabik Unnayan Kendra for SME Financing

(Dhaka) 5th November 2020: Lankan Alliance Finance Limited (LAFL), the subsidiary of the largest state owned bank of Sri Lanka, has signed a Loan Agreement with Padakhep Manabik Unnayan earlier this afternoon at LAFL’s Head Office, Dhaka. Under this agreement Padakhep will get finance of BDT 100 million for financing its SME clients. Chief Operating Officer of LAFL Kazi Nasim Ahmed, and Executive Director of Padakhep Manabik Unnayan Kendra, Md. Saleh Bin Sums signed the agreement on behalf of their…