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Words: | Submitted: Mon Dec 22 2003
... leasing industries the competition faced by these industries in the market and many other important factors. The main strong point of this report is the collection of the most current data associated with the companies. Special emphasis is given on the Corporate level Strategic frame work followed by these industries, and their future plans of growth (IDLC) in particular. Introduction The leasing sector is relatively new in Bangladesh with two large listed companies operating most of the leasing business in the country - Industrial Development Leasing Co. (IDLC) and United Leasing Company (UCL). Both companies were setup in the late 1980s assisted by foreign development finance institutions such as IFC, CDC, and ADB. Another six new companies started business in the late 1990s assisted by local funds. There are no specific regulations for leasing companies, although they come under the Bangladesh Bank's domain under the non-banking Financial Act. Among the financial sectors, leasing ...
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