BD Finance To Launch Innovative Product

01 Nov

BD Finance To Launch Innovative Product

Bangladesh Finance and Investment Company Ltd or BD Finance is planning to introduce innovative and customized lending and deposit option to pull together NBFI- designed funding and lending base, top executive of the non-bank financial institution said.

To materialize the plan , the NBFI is planning to bring worth TK 2.0 billion subordinate or zero coupon bond in the market for three to five years, he said .

BD finance also wants to launch some innovative small and medium-sized enterprise products to strengthen its deposit base, MD Kyser Hamid , chief executive officer of bdfinance told the financial Express.

He said the company will launch the bond within the next six months. Mr Hamid, who joined BD Finance recently as CEO, said he has detailed plan to make NBFI as one of the top three.

To read the full content on The Financial Express, click here.