MIDAS Financing Limited

General Information

Company Name

Founded Year

1976

Location (Offices)

Bangladesh +1

Founders / Decision Makers

Number of Employees

Industries

Finance, Financial Services, Lending and Investments

Funding Stage

Social Media

MIDAS Financing Limited - Company Profile

MIDAS Financing Limited is a leading financial institution in Bangladesh that offers diversified financial services contributing to the development of society. Established in 1976, the company is a Public Company Limited by share, authorized to operate as a Non Bank Financial Institution under the Financial Institution Act 1993. It is listed on the Dhaka Stock Exchange Ltd. since October 26, 2002, and the Chittagong Stock Exchanges Ltd. since July 27, 2004. The shares have been quoted and transacted in stock exchange in dematerialized form through Central Depository Bangladesh Limited (CDBL) from March 23, 2005.

On June 24, 2012, the registered office of the company has been shifted to a new location in Dhaka. Additionally, MIDAS Investment Ltd., a subsidiary company of MIDAS Financing Ltd. holding 99.99% shares, was incorporated on 9th April, 2012, with a view to operating Merchant Banking Business.

The company is awaiting the Merchant Banker Registration Certificate from the Bangladesh Securities and Exchange Commission. MIDAS Financing Limited operates in the industries of finance, financial services, lending, and investments.

Taxonomy: financial institution, non-bank financial services, merchant banking, lease financing, term finance, housing finance, investment services, deposit services, publicly listed company, stock exchange, company incorporation, business operations, company registration, business diversification, registered office relocation