About Us

Aviva Finance Limited (AVFL),one of the leading financial institutions in Bangladesh started its journey in 1996. The company was incorporated on March 4, 1996 as Bahrain Bangladesh Finance and Investment Company Limited. as a joint venture between few renowned investors from Bangladesh and Bahrain. However, in 2000, the Mascot Finance Company Ltd. (MFC) of Sultanate of Muscat along with some other investors acquired the majority shares of the company and the company was renamed as Bangladesh Leasing & Finance Ltd. Again, in 2003, the overseas investors from Mascot sold all of their holding to local investors and since then it became a local company. In March 2009, the renowned S. Alam Group purchased all the shares of the company. The new shareholders made major strategic changes in management, Capital base and operational philosophy of the company and reconstituted the Board with renowned professionals like Economist, Professional Accountants, industrialists, businessmen etc. Since the changes in shareholding as well as management the business focus of the company has also changed. The company has diversified its financial products as well as area of operations. While corporate finance team will continue to provide its excellent services to the big corporate houses in the country and will hold the longest pie of investment, the SME and Housing finance are the new focused area. Business ethics, economic contribution to the overall development of the economy through employment generation, and social issues always gets preference in investment decisions. Also noted that AVFL has converted from traditional conventional interest-based business to fully Shariah- based.

business in 28th January 2020. From that date, we are mobilizing our deposit products as well as investment products complied with Shariah rules & regulations. The slogan we shared with this Islamic business is “Together forward with shariah”. Within couple of years, all over liability products and investment products will be fully shariah-compliant.

AVFL is a Member of Dhaka and Chittagong Stock Exchange Ltd. and provides security brokerage services through DSE and CSE.