FAQs

Which year did FFIL start operations in Bangladesh?
In which areas of business does FFIL offer credit facilities?
Ans: We do not have areas of limitation as to what sort of business we may offer credit facilities to. We are inclined to offer our services to any viable projects in Bangladesh except those restricted by Bangladesh Government.
Does FFIL offer loan facility for individual apartment/commercial space?
Ans: We offer such types of loans to corporate entities or individuals with corporate referral.
Rate of Interest?
Ans: We always offer a competitive rate of interest on all credit facilities.
Is it mandatory to provide tangible security for credit facilities?
Ans: Depending on the type of credit being provided and business history with the client, security for credit is negotiable.
Is there any restriction regarding origin of lease equipment?
Ans: We prefer to provide lease facility to equipment that is from a renowned manufacturer with suitable track record & after sales service in Bangladesh.
Does FFIL finance on reconditioned machinery?
Ans: Yes we do.
Does FFIL arrange large syndicated loans?
Ans: Yes, we have many associated Banks and Financial Institutions with whom we can arrange extensive finance.
Can a new business entity seek credit facilities from FFIL?
Ans: Yes, we do provide facilities to new entities as long as they fulfill our criteria.
Does FFIL Merchant Bank open portfolio account and what are the criteria?
Ans: Yes, we open non-discretionary portfolio account as per guideline of SEC.
Margin Loan & Commission?
Ans: Margin Loan is allowed as per SEC guideline at a competitive rate.