Our History

FAS Finance & Investment Limited (FFIL) sponsored by a group of renowned & dedicated Bangladeshi Industrialists and Businessmen was incorporated on 4th March 1997. Primarily, the company received license from Bangladesh Securities & Exchange Commission (BSEC) to act as a Merchant Banker. Subsequently it obtained license from Bangladesh Bank on 17th September 2001 to serve as a Non-Banking Financial Institution (NBFI). The authorized capital of the company is Tk 2,100 million and the paid up capital of the company is Tk. 1229.25 million.

Key Milestones
Incorporation of the Company 4th March, 1997
Licensed as Merchant Bank 22nd January, 1998
Converted into a Public Limited Company 18th August, 2001
Licensed as Non-Banking Financial Institute 17th September, 2001
Licensed for Principal Branch 27th September, 2001
First Lease Agreement Signed 27th December, 2001
Commencement of public deposit mobilization 27th December, 2001
First Credit Line Agreement Signed 11th September, 2002
Commencement of home loan 11th June, 2003
Chittagong Branch 14th February, 2007
Credit Rating by CRAB 3rd May, 2007
Licensed for Narsingdi Branch 18th July, 2007
Initial Public Offering
Prospectus Date 31th July, 2007
Subscriptions Open 28th October, 2007
Subscriptions Close lst November, 2007
Publication of Prospectus 21st August, 2007
Allotment of IPO Share 5th December, 2007
Listing with DSE &CSE 9th January, 2008
First trading of shares in DSE & CSE 16th January, 2008
Licensed for Sylhet Branch 9th July, 2008
First Time issuance of Right Share
Subscription opens 18th March, 2013
Subscription Closes 4th April, 2013
Allotment of Rights Shares 24th April, 2013