People's Leasing and Financial Services Ltd.

People’s Leasing and Financial Services Limited (PLFS) is a financial institution established within the ambit of Financial Institutions Act-1993 and was incorporated as a Public Limited Company under Companies Act-1994 on August 12, 1996. Company obtained license from Bangladesh Bank on November 24, 1997 to carry on lease finance business. Authorized Capital of the Company is Tk. 500 million divided into 5 million ordinary shares of Tk. 100/- each while Paid-up Capital as on September 30, 2004 stands at Tk. 130 million subscribed by the sponsors. Now a days Company become successful and has made a well built base to create its position as a progressive Leasing Company and an individual self in versatile arena of FI of the Country.