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Finance Division

Independent institutions, where AGI owns shares and currently holds directorship in the Board of Directors of the respective institutions.

       

 

 

 

The City Bank Ltd.

 

The City General Insurance Co. Ltd.

 
       
       

 

 
 

Bangladesh Finance & Investment Co. Ltd.

 

Bangladesh Commerce Bank Ltd.

 
       
       

Anwar Group's participation in the finance sector of the country began more than two decades ago when its Chairman became the promoter and sponsor director of The City Bank Ltd., the first private commercial bank of Bangladesh. Established in 1982. The City Bank now boasts a net asset of Tk. 3504 crore and Net Profit for the year ended 2005 was Tk. 54 crore.

City General Insurance Company Ltd. (CGIC) has been incorporated in March 1996. The Authorized capital of the company is Tk. 200 Million with paid-up capital of Tk. 60 million. The Company has 29 branches for transaction of General Insurance business in Fire, Marine Cargo, Maine Hull, Burglary, Machinery Plant & Deterioration of Stocks, Boiler pressure vessel, Personal accident, Workmen compensation, Electronic Equipment insurance, Motor vehicle and more. The total asset base of the Company is Tk. 135.52 Million at present. Company Executives, Officers & Staff are also professionally oriented to go the extra mile for customer satisfaction.

Bangladesh Finance and Investment Company Ltd. (BFIC), started its operation as an Industrial, Corporate and Personal Lease Finance Company from February 2001. Attractive Lease Programs and efficient Management have made the Company very popular amongst the Lease Finance Industry. With zero percent bad Finance, BFIC in 5 years, has created an asset base of Tk. 660 million. The Company is diversifying its activities further into House Finance, Bill Discounting, Working Capital, Factoring, Consumer Credit and Credit Cards. True professional & leadership in the Management envision the Company to be a Tk. 1 billion asset base Company by the year 2010.

Bangladesh Commerce Bank Limited (BCBL) was established 1998 and now operating with 24 branches all over the country. Its total deposit stands at Tk 409 crore and its total loans & advances stands at Tk. 291 crore.

 
 

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