BRD Circular No. 03: Regarding Placement of Four Finance Companies Under Resolution Process

Bangladesh Bank places Abhiva Finance Limited, FS Finance & Investment Limited, Far East Finance & Investment Limited, and International Leasing & Financial Services Limited under the resolution process under the Banking Resolution Act, 2026. This action is taken to restore good governance, ensure accountability, protect depositors' interests, and restore public confidence in the financial sector. The circular is addressed to the Managing Directors, CEOs, and Chief Executive Officers of all scheduled banks and finance companies operating in Bangladesh.

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Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh.

Bank Resolution Department (BRD)

BRD Circular No.-03

Date: 25 Srabon, 1433
09 August, 2026

Managing Director/CEO/Chief Executive Officer All Scheduled Banks and Finance Companies operating in Bangladesh.

Dear Sir,

Regarding the placement of four finance companies under the resolution process

In order to restore good governance in the financial sector, ensure accountability, bring overall discipline, protect the interests of depositors, and generally restore public confidence in the financial sector, Bangladesh Bank, under the powers granted by the Banking Resolution Act, 2026, has placed the following four finance companies under the resolution process:

Abhiva Finance Limited
FS Finance & Investment Limited
Far East Finance & Investment Limited and
International Leasing & Financial Services Limited

Yours faithfully,

(Dr. Syed Nazrul Islam)
Director (BRD)
Phone: 9565001-6/22289

Phone: 88-02-9550448, 9554896, IP: 88-02-9565001-6, Fax: 88-02-9530479, Web: www.bb.org.bd

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Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works