LankaBangla Finance

What LankaBangla Finance does

LankaBangla Finance PLC is a publicly listed (DSE/CSE, ticker LBFPLC) non-banking financial institution incorporated in Bangladesh in 1996 and operating for over 25 years. The company delivers retail, CMSME (Cottage, Micro, Small and Medium Enterprises), corporate, and deposit products, plus Mastercard and Visa credit cards, through a 25+ branch network, an online application portal, a FinSmart mobile wallet (operated through partner D Money Bangladesh Limited), a 16325 call center, and integrations with ten-plus domestic mobile wallets and banks. The lending book spans auto, home, and personal loans at 15-16%, CMSME term loans at up to 17%, with a women's entrepreneurship refinance product at 5% and credit card interest of 25% following a January 2025 repricing; deposits include multi-tenor TDR, DPS, Money Builder, Double/Triple Money, Flexi, and Shikha women's savings schemes at yields up to 10.75%.

The business generates revenue primarily through interest income on loans, credit card membership/renewal fees and interchange, transaction and processing fees across lending and payment services, and deposit-funded lending. Distribution combines direct-to-consumer channels (branches, mobile app, self-service portal) with enterprise field sales teams serving corporate clients through term loans, working capital, supply chain financing up to 80% of invoice value, factoring, and lease/asset-backed facilities. The operating stack is anchored on a PCI DSS compliant card data environment and a broad partner network including Standard Chartered Bank (settlement bank and ATM access), Premier Bank (BEFTN routing), and SSLCOMMERZ (payment aggregation), with wholly-owned subsidiaries LankaBangla Securities, Investments, Asset Management, and Information System extending the group into brokerage, investment banking, asset management, and IT services.

Name

LankaBangla Finance

Legal name

LankaBangla Finance PLC.

Website

https://lankabangla.com

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

LankaBangla Finance PLC is a publicly listed Bangladeshi non-banking financial institution offering retail, CMSME, and corporate lending, Mastercard and Visa credit cards, and deposit schemes through 25+ branches, a FinSmart mobile app, and multi-wallet digital payment integrations, serving individual consumers, small businesses, and corporate clients across Bangladesh.

Ownership category

akta.pro rank

Product category

Non-Bank Financial Services

NAICS

Nondepository Credit Intermediation (5222), Depository Credit Intermediation (5221), Credit Card Issuing (52221)

SIC

Finance Services (6199), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

Keywords

• Non-bank financial services
• Retail lending products
• Corporate term financing
• Credit card services
• Deposit schemes

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices18 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Interest Income from Loans: Core revenue from lending activities including auto loans, home loans, personal loans, CMSME loans, and corporate loans. Interest rates range from 5% for refinance schemes to 25% for credit cards and 17% for SME loans.
2. Credit Card Fees and Charges: Revenue from membership fees, renewal fees, cash advance charges, late payment fees, over-limit fees, and interchange fees on credit card transactions
3. Deposit Products: Accepts customer deposits including term deposits (TDR), savings schemes (DPS), money builder schemes, and special deposit products for retail and corporate customers
4. Processing and Documentation Fees: Fees charged for loan processing, documentation, early settlement, and other administrative services across retail and corporate lending products
5. Payment Solution Services: Digital payment processing through FinSmart app, SSL Commerce gateway, and various mobile banking integrations generating transaction-based revenue

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

LankaBangla Finance PLC is a publicly listed non-banking financial institution in Bangladesh that lends to and takes deposits from retail consumers, CMSME businesses, and corporate clients, while issuing Mastercard and Visa credit cards and providing multi-channel digital payment settlement. Core lending products include auto loans, home loans, personal loans, CMSME term loans, supply chain financing (up to 80% of invoice value), and corporate term loans, funded through a suite of deposit products (TDR, DPS, money builder, double/triple money, flexi deposit) and complemented by the FinSmart mobile wallet and Easy Checkout tokenization service.

Product overview

LankaBangla Finance PLC operates as a diversified financial services company offering a comprehensive portfolio of products across retail, CMSME, and corporate segments. The company provides deposit schemes (Swasti, Protiva, Classic TDR, Money Builder), credit cards (Mastercard and Visa across multiple tiers), and various loan products (auto loans, home loans, personal loans, SME loans, corporate financing). The core offering is complemented by the Shikha platform for women entrepreneurs and multi-channel payment solutions supporting digital wallets, bank transfers, and ATM networks. The company also offers FinSmart mobile wallet and Easy Checkout services. All products are accessible through the company's branch network, online application portal, and digital payment channels.

Differentiator

Problem solved

Functional benefit

Brands

• Shikha: A platform to support and motivate women entrepreneurship through financial services and microfinance solutions.
• FinSmart
• Easy Checkout

Products and services

• Retail Financial Services Suite of retail lending and credit card products for individual consumers and salaried professionals in Bangladesh, encompassing personal loans, home loans, auto loans, and credit cards (Mastercard and Visa).
• CMSME Financial Services Financial services for Cottage, Micro, Small and Medium Enterprises in Bangladesh, including term loans, working capital solutions, supply chain financing, factoring, and asset-backed financing for emerging and mid-sized businesses.
• Corporate Financial Services Corporate banking services including term loans, short-term loans, working capital finance, developers finance, supply chain financing, factoring, and sustainable finance for large manufacturing and commercial enterprises in Bangladesh.
• Deposit Schemes Portfolio of deposit products for retail and corporate customers in Bangladesh covering Classic TDR, Earn First TDR, Flexi Deposit (daily interest), money builder, double money, triple money, Quick Sanchay, Protiva, Swasti secured money builder, and Agroj for senior citizens.
• Shikha Women Entrepreneurship Platform Dedicated platform supporting women entrepreneurs in Bangladesh through specialized credit card, deposit (Shikha Ichha CTDR, Shikha Obiroto Periodic Return, Shikha Sanchoy Money Builder, Shikha Projjolon Double/Triple Money), and microfinance-style offerings including the Ononna refinance scheme at 5.00% interest.
• LankaBangla Credit Card Credit card products issued to retail customers in Bangladesh on the Mastercard and Visa networks across Classic, Gold, and Titanium/Platinum tiers, featuring up to 45 days interest-free period, reward points, cashback on POS and e-commerce, and 25.00% annualized interest rate effective January 2025.
• Auto Loan Vehicle financing for new, reconditioned, or registered vehicles for personal or business use in Bangladesh, with interest starting from 15.00% for salaried individuals and special rates for corporate employees.
• Home Loan Housing finance product including home loans, affordable housing finance, and loans against property with flexible terms, processing fees, and early settlement options.
• Personal Loan Unsecured personal loans for salaried individuals and professionals in Bangladesh at 16.00% interest, also available to land owners and businessmen, with documentation and processing fees applicable.
• CMSME Term Loans (Asha, Abash, Durbor, Ehona, Bishshash) SME term loan products including Asha (small business), Abash, Durbor, Ehona (unsecured), and Bishshash (emerging businesses) with interest up to 17.00%, accompanied by working capital and supply chain financing for small businesses.
• Supply Chain Finance Invoice-based financing providing up to 80% advance on invoices for corporate clients, including factoring finance, distributor financing, and reverse financing options for supply chain liquidity.
• Payment Solutions Multi-channel payment platform enabling credit card bill payments, deposit scheme installments, and loan EMI payments through digital wallets (bKash, Nagad, Rocket, Tap, Upay, OK Wallet), bank transfers (BEFTN), internet banking, and ATM networks for LankaBangla customers in Bangladesh.

Quantifiable outcome

• Supply chain financing available up to 80% of invoice value

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• SSLCOMMERZcoreTechnology or IntegrationSSLCOMMERZ serves as the online payment aggregation platform for LankaBangla Finance's digital payment services, facilitating secure transaction processing through its intermediary role in the payment ecosystem.
• D Money Bangladesh LimitedcoreTechnology or IntegrationD Money Bangladesh Limited owns and provides the FinSmart mobile wallet application technology, which LankaBangla Finance offers to customers for digital payments, bill settlements, and mobile top-ups.
• LankaBangla Securities LimitedcoreOthersWholly-owned subsidiary providing securities and brokerage services, part of LankaBangla Finance's integrated financial services ecosystem.
• LankaBangla Investments LimitedcoreOthersWholly-owned subsidiary providing investment banking and advisory services, part of the LankaBangla Group's comprehensive financial solutions.
• LankaBangla Asset Management Company LimitedcoreOthersWholly-owned subsidiary managing investment funds and asset management products, integrated with LankaBangla Finance's distribution network.
• LankaBangla Information SystemcoreOthersSubsidiary providing IT and information systems support for the LankaBangla Group's digital infrastructure and technology needs.
• bKashcoreChannel Partner/ Reseller/ DistributorbKash serves as a mobile banking channel for LankaBangla credit card bill payments, loan EMI payments, and deposit contributions, enabling customers to transact digitally.
• NagadcoreChannel Partner/ Reseller/ DistributorNagad mobile banking service enables LankaBangla customers to make credit card bill payments, loan EMI payments, and deposit contributions through its digital platform.
• RocketminorChannel Partner/ Reseller/ DistributorRocket mobile banking provides bill payment and deposit services for LankaBangla Finance customers.
• Standard Chartered BankcoreTechnology or IntegrationStandard Chartered Bank provides ATM network access for LankaBangla credit card cash withdrawals and bill payments, and serves as the settlement bank for credit card operations.
• Premier Bank LimitedcoreTechnology or IntegrationPremier Bank Limited serves as the beneficiary bank for LankaBangla Mastercard BEFTN payments, with routing number 235260431 at Banani branch.
• Dhaka North City Corporation (DNCC)minorStrategic or Co-development PartnerDNCC partnered with LankaBangla Finance PLC and Desh Upadan for planned tree plantation initiatives in the DNCC area in October 2023.
• Rajshahi City CorporationminorStrategic or Co-development PartnerRajshahi City Corporation collaborated with LankaBangla Foundation for tree plantation activities along roads in Rajshahi metropolitan area in September 2023.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• BRAC Bank PLC: Bangladesh commercial bank with strong SME and retail focus plus credit cards — competes head-to-head with LankaBangla in CMSME lending while having a regulatory structural advantage as a bank.
• Eastern Bank Limited (EBL): Bangladesh commercial bank with retail, CMSME, and corporate offerings plus credit cards — overlapping with LankaBangla's segments but with full banking licenses that allow demand-deposit funding advantages.

Direct peers

• Delta Brac Housing Finance Corporation (DBH): Bangladesh NBFI specialized in housing finance with deposit and lending operations, regulated similarly to LankaBangla and competing for overlapping retail and SME customers.
• People's Leasing & Financial Services Limited: Bangladesh NBFI operating in lease financing, SME lending, and deposit products — a local comparable to LankaBangla's asset-backed financing segment and overall diversified NBFI structure.
• IDLC Finance Limited: Bangladesh's largest listed non-banking financial institution, providing SME lending, corporate finance, securities, and asset management — directly mirroring LankaBangla's diversified NBFI model and customer segments.
• Premier Leasing & Finance Limited: Bangladesh NBFI providing lease finance, term loans, and deposit schemes — a direct smaller-scale analogue to LankaBangla's lease/asset-backed financing and CMSME lending books.
• Bay Finance & Investment Limited: Bangladesh-based NBFI offering SME, corporate, and retail lending plus deposits — closely aligned with LankaBangla's multi-segment lending and deposit-scheme model.
• IIDFC (Industrial and Infrastructure Development Finance Company Limited): Bangladesh-domiciled NBFI offering term lending, lease finance, and deposit products to retail and institutional clients — directly comparable in regulatory and product footprint to LankaBangla.

Regional players

• Muthoot Finance Limited: India-listed gold-loan and microfinance NBFI with extensive branch network and deposit-taking operations — comparable diversified NBFI model, although operating in India's larger and more developed market rather than Bangladesh.
• Bajaj Finance Limited: India's largest consumer NBFI offering retail, SME, and commercial lending plus deposits and digital wallets — a regional analogue of the diversified multi-segment NBFI strategy LankaBangla pursues.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCwXPMFkapqRy1XT10rGD0fw
• Facebookfacebook.com/LankaBanglaFinance
• LinkedInlinkedin.com/company/lankabangla-finance
• Instagraminstagram.com/lankabangla

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LankaBangla Finance