United Finance Limited started its journey as United Leasing Company Limited in 1989 with a single product focus. Duncan Brothers Limited, a well established company operating in Bangladesh for over 150 years, Asian Development Bank, Commonwealth Corporation along with several local and international corporations came together to form this institution. In 1995, the Company obtained license from Bangladesh Bank as a financial institution and has been trading in A-category shares in the Dhaka Stock Exchange. United Finance is one of the only 13 financial institutions that is allowed by the Government to take Public Sector deposits.
Initially United Finance focused on providing lease financing mostly to the medium sized customers but over the years it has diversified its range of products to meet the financial needs of clients ranging from corporate to individuals, irrespective of size.
The Company started operation as a leasing company with only one office in the capital. With the progression of time it expanded the wings to cover areas beyond Dhaka. Now United Finance operates through 19 business offices across the country bringing all 64 districts under its financial coverage. MILESTONE
United Finance Limited started its journey as United Leasing Company Limited in 1989 as a public limited company, to cater to the investment needs of our economy. United Finance Milestones:
- Incorporation of the Company, April 27, 1989 - Commencement of operation, September 12, 1989 - Public Issue of shares, March 28, 1994 - Trading of shares on Dhaka Stock Exchange, June 23, 1994 - First dividend declared, April 20, 1995 - Authorised capital increased, May 18, 2000 - Launch of Fixed Investment Products, September 2005