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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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