GSPB Finance LTD

GSPB was built-in in Dhaka, Bangladesh on 29th October 1995 with the Registrar of Joint
Stock Companies and Firms. It started its commercial operation from 17th April 1996 under
license granted by Bangladesh Bank (Central Bank) in accordance with the Financial
Institutions Act of 1993.

It started with a encouraging climate for financial institutions, which could meet the needs
and challenges of the 21st century, by giving plenty financing and ability to boost the
industrial growth of Bangladesh.

A few entrepreneurs with the strategic vision to take up these challenges came forward to
form GSP Finance Company (Bangladesh) Limited. Their objective was to give financing
and capability and to become an industrial expansion partner with the People’s Republic of
Bangladesh.

It was born drawing on the age old experience rooted in the economies of the Far East; its
expertise developing and increasing to adapt to current times and places.
Financial Performance of the company over
the last three years
Offering of GSPB:

1.lease finance facilities ,

2.Term Lending,

3.Syndicate Finance

4.SME Finance

5.Secured Loan

6. Bridge/Equity Finance

7. Women Entrepreneurs Loan

They offer lease finance facilities to their clients to assist them acquiring capital machineries
and equipment from both local and foreign sources. This provision is mostly extended for a
period of 2-5 years as per their customers necessity and convenience of their payment. They
only do corporate leasing to a specific set of clients. They do corporate leasing and
sometimes SME loans but they don’t give any private or personal loans of any sorts.

Their major clients includes NAVANA group, Otobi Group and Boshundharar group LTD. As
a financing company they give corporate loans and capital lease to their major clients. Their
loan/lease processing time is much faster (usually takes 1 or 2 months to process) compared
to bank and as they have a specific set of clients they are able to give their full attention and
customize their loan/leasing schemes as per client demands.
Their most recent client was AM AUTOBRICKS (Automated Brick). AM Auto Bricks Limited is
a unit of the Abdul Monem group which was established in the year of 2011. It is located at
near of Meghna Ghat (South), Choto Raypara, Gazaria, Munshigonj. , AM Auto Bricks use
modern kilns to do the firing work. The molded bricks are fired in a kiln or oven at high
temperatures. Bricks are refined by technology and machines are available to produce them in
mass quantity in less time.
Is today the leading manufacturer of quality engineered structural clay products, It has
expertise in the production of modern structural clay products.For the lease, GSPB used a
checklist which they have followed to gain all the necessary documents from the company
and then they went through their financial analysis. Then their marketing team prepared a
proposal for their CRM ( Corporate Risk Management) team. The CRM team analyzed all the
papers provided by the company and based on the CRM teams feedback the marketing team
prepared a proposal and presented it to the board. Then the board members took the decision
to go ahead and give the lease to the company AUTOBRICK’s and to obtain machines
necessary for production from Germany and Norway and lease it to them for next 3 years.

They used a checklist which they have followed to gain all the necessary documents from the
company and then they went through their financial analysis. Then their marketing team
prepared a proposal for their CRM ( Corporate Risk Management) team. The CRM team
analyzed all the papers provided by the company and based on the CRM teams feedback the
marketing team prepared a proposal and presented it to the board. Then the board members
took the decision to go ahead and give the lease to the company AUTOBRICK’s to obtain
machines necessary for production from Germany and Norway.

So far they didn’t face any problem regarding the loan because they have a very specific set
of rules which the clients have to follow after which they give lease.