MIDAS Financing PLC. Company Description

MIDAS Financing PLC., together with its subsidiaries, provides various financial products and services in Bangladesh.

The company offers various deposit schemes, including term deposit, monthly deposit, monthly/quarterly income deposit, double money deposit, triple money deposit, and millionaire deposit schemes.

It also provides loans for the construction of houses, as well as for the purchase of apartments/readymade houses/commercial spaces; auto loans; and call money loans.

In addition, the company offers consumers credit scheme programs; and lease finance facility to small and medium enterprise (SME) and corporate business units operating in manufacturing and service industries sectors, as well as to individuals and institutions.

Further, it provides Micro Enterprise Development Initiative, a program that provides financing facilities in the form of term loan for the purpose of fixed and working capital requirement for expansion of existing ones; Small Enterprise Development, a program, which offers financing facilities in the form of term loan for expansion of existing business for SME and corporate clients; and loan against lien of securities facility.

The company was formerly known as MIDAS Financing Limited and changed its name to MIDAS Financing PLC.

In April 2024. MIDAS Financing PLC.

was incorporated in 1995 and is headquartered in Dhaka, Bangladesh.

MIDAS Financing PLC.

Country	Bangladesh
Founded	1995
Industry	Short-Term Business Credit Institutions, Except Agricultural
Employees	197
CEO	Mustafizur Rahman

Contact Details

Address: MIDAS Center Dhaka, 1209 Bangladesh
Phone	880 2 4102 1293
Website	mfl.com.bd

Stock Details

Ticker Symbol	MIDASFIN
Exchange	Dhaka Stock Exchange
Fiscal Year	January - December
Reporting Currency	BDT
SIC Code	6153

Key Executives

Name	Position
Mustafizur Rahman	Chief Executive Officer
Mohammad Rahman	Chief Financial Officer
Anisul Kabir	Chief Operating Officer