Meridian Finance observed Financial Literacy Day on March 6,2023
Meridian Finance and Investment Limited contributed to the “Prime Minister’s Education Assistance Trust Fund” as part of its CSR activity. The purpose of the trust is to develop human resources with the aim of making a prosperous Bangladesh.
Meridian Finance & Investment Ltd. and MetLife Bangladesh signed an agreement to introduce ‘Insured Fixed Deposit‘ product which is first of its kind in NBFI sector. Mr. Quazi Nizam Ahmed, Managing Director & CEO of Meridian Finance and Mr. Muhammad Asif Shams, Head of Bancassurance of MetLife Bangladesh signed the agreement on behalf of respective organization. Senior officials from both the organization were present in the program. under this agreement, MetLife Bangladesh shall provide insurance coverage to Fixed Depositors of Meridian Finance in the event of death or permanent disability.
Meridian Finance & Investment Ltd.(MFIL) and Brac Bank Ltd. signed Employee Banking Agreement for the employees of MFIL.
2022
At Meridian Finance, we strive to empower our clients, community and stakeholders to shape up their success stories. As part of our sustainable business practice, we have categorically selected the following three key areas where we want to focus for making our contribution to the community as a good corporate citizen. These are:
- EDUCATION
- HEALTHCARE
- ENVIRONMENT
We have donated to Abinta Kabir Foundation School, located in East Vatara, Dhaka to establish digital classroom facilities for the underprivileged students to boost up their learning during the pandemic situation of COVID-19. The amount of contribution that we made is not comparable with the precious happiness and satisfaction of them. We are so glad and happy to be a part of this social cause.
At Meridian Finance, we strive to empower our clients, community and stakeholders to shape up their success stories. As part of our sustainable business practice, we have categorically selected the following three key areas where we want to focus for making our contribution to the community as a good corporate citizen. These are:
- EDUCATION
- HEALTHCARE
- ENVIRONMENT
We have donated to Obhizatrik Foundation School at Pallabi, Mirpur Branch to establish digital classroom facilities for the underprivileged students to boost up their learning during the pandemic situation of COVID-19. The amount of contribution that we made is not comparable with the precious happiness and satisfaction of them. We are so glad and happy to be a part of this social cause.
https://www.facebook.com/obhizatrik/
BLFCA handed over cheques worth BDT 9.5 crore to Honorable Prime Minister’s Office. Cheques were received by Dr. AHMED Kaikaus, Principal Secretary at PM office. Honourable Prime Minister attended the ceremony through video conferencing. Mr. Md. Abdul Karim, Chairman, IPDC and Founder Chairman of Meridian Finance Mr. Kazi M Aminul Islam, former Principal Secretary & former Executive Chairman of BIDA handed over the cheque on behalf of BLFCA and requested PM’s attention on the liquidity issue of the sector.
মেরিডিয়ান ফাইন্যান্সের সকল কর্মকর্তাবৃন্দ তাদের দুই দিনের বেতনের টাকা দিয়ে কর্মহীন অতিদরিদ্র পাঁচশ পরিবারে রমজান মাসের জন্য খাদ্যদ্রব্য বিতরণ করেছেন। ঢাকার মিরপুর, বাড্ডা, মোহাম্মদপুর, ভাটারা, যাত্রাবাড়ী, কামরাঙ্গীরচরে পরিবার গুলোর কাছে খাদ্য সামগ্রী পৌছে দেয়া হয়েছে।
মেরিডিয়ান ফাইন্যান্সের সকল কর্মকর্তাবৃন্দ তাদের দুই দিনের বেতনের টাকা দিয়ে কর্মহীন অতিদরিদ্র পাঁচশ পরিবারে রমজান মাসের জন্য খাদ্যদ্রব্য বিতরণ করেছেন। ঢাকার মিরপুর, বাড্ডা, মোহাম্মদপুর, ভাটারা, যাত্রাবাড়ী, কামরাঙ্গীরচরে পরিবার গুলোর কাছে খাদ্য সামগ্রী পৌছে দেয়া হয়েছে।
“March 2, 2020 (Monday), Asgar Ali Hospital signed a corporate agreement with Meridian Finance & Investment Limited. Prof. Dr. Zabrul SM Haque–CEO & Director, Medical Service of Asgar Ali Hospital and Mr. Irteza A Khan-Managing Director & CEO of Meridian Finance & Investment Limited signed & exchanged agreement between them. Senior Officials of both the organizations were present during the corporate signing. Under this agreement, Meridian Finance & Investment Limited will get medical benefits from Asgar Ali Hospital.”
We are glad to inform you that, we have signed an MoU with SURE CASH (Concern of RUPALI BANK LTD.) today. Both of the organization will exchange their services and in future our clients will have an option to pay the EMI’s and installments through SURE CASH.
Mr. Quazi Nizam Ahmed joined Meridian Finance recently as Deputy Managing Director. Mr. Nizam brings over 22 years of solid experience in working in various key roles in leading financial institutions. Prior to his joining, he was the General Manager and Head of Business of United Finance Ltd. He also served in IDLC Finance Limited as Head of Special Assets Management. Mr. Nizam completed his B.Com and M.Com in Marketing from University of Dhaka. He also completed Master’s in Business Administration, Major in Marketing, from BRAC University. During his long professional career, he has various trainings exposure at home and abroad.
At Meridian Finance, we strive to empower our clients, community and stakeholders to shape up their success stories. As part of our sustainable business practice, we have categorically selected the following three key areas where we want to focus for making our contribution to our community as a good corporate citizen. These areas are:
- EDUCATION
- HEALTHCARE
- ENVIRONMENT
Recently, We have organized a Free Medical Camp with medicines for 170 under privileged people and distributed 100 school bags to under privileged students at Sreepur in Gazipur. The amount of contribution that we made is not comparable with the precious happiness and satisfaction of the people.
Meridian Finance and Investment Limited launched it’s new fully insured monthly deposit scheme “Nishchinto”, partnering with Delta Life Insurance Company.
Under this product, on the event of Death or Permanent Total Disability (PTD), nominee will receive the maturity amount. Moreover, every depositor will get a “Health Card” with special discount on pathological test from diagnostic centers.
In this launching ceremony, Irteza A Khan, Managing Director & CEO of Meridian Finance and Adeeba Rahman, CEO of Delta Life Insurance Company Limited were present along with other management members from both organizations.
We have signed a MoU with Delta Life Insurance Co Ltd. For the MoU, the deposit customer of Meridian Finance will be under the insurance coverage. Mr. Irteza A Khan, MD & CEO of Meridian Finance and Ms. Adeeba Rahman, CEO of Delta Life Insurance Company Limited has signed on behalf of their organization.
আপনি আপনার কাস্টমারের শুভাকাঙ্ক্ষী ও তাঁর ব্যাপারে বেশ যত্নশীল, তা বোঝানোর নানা উপায় থাকতে পারে। সম্প্রতি, মেরিডিয়ান ফাইন্যান্স তাদের কাস্টমারদের স্বাস্থ্য ও সাস্থ্য সংক্রান্ত খরচের বিষয়ে বাড়তি সুবিধা নিশ্চিত করতে ডক্টরোলার সাথে একটি চুক্তি স্বাক্ষর করে।
এই চুক্তির আওতায়, ডক্টরোলার মাধ্যমে, মেরিডিয়ান ফাইন্যান্স তাদের কাস্টমারদের জন্য একটি স্বাস্থ্য সেবা ও ইনস্যুরেন্স বান্ডেল এর ব্যবস্থা করবে। যার মধ্যে অন্তর্ভুক্ত থাকছে দিন রাত ২৪ ঘণ্টা যেকোনো সময় একজন রেজিস্টার্ড ডাক্তারের সাথে ফোনে কথা বলা, অগ্রাধিকার ভিত্তিতে বিশেষজ্ঞ ডাক্তারের অ্যাপয়েন্টমেন্ট, বাসা থেকে প্যাথলজি স্যাম্পল সংগ্রহ ও রিপোর্ট ডেলিভারি এবং ডাক্তার ফী, টেস্টের খরচ ও হাসপাতালে ভর্তি খরচের উপর ইনস্যুরেন্স ভিত্তিক ক্যাশ ব্যাক সুবিধা। কাস্টমারের জন্য শুধু সুস্বাস্থ্য কামনাই নয়, সুস্বাস্থ্য নিশ্চিত করাই হোক সত্যিকার যত্ন।
ডক্টরোলার স্বাস্থ্য সেবা ও ইনস্যুরেন্স বান্ডেল সম্পর্কে আরও বিস্তারিত জানতে ভিজিট করুন doctorola.com/e-sastho এবং doctorola.com/carepack
“Optimity 2018”, a National Investment and Portfolio Management Competition, to create an opportunity for the undergraduate students of Bangladesh to sharpen their investment and portfolio management skills by providing real life investment scenarios and 3 combative rounds organized by North South University. Meridian Finance was the Strategic partner of the competition. Total 52 Universities from all over Bangladesh have participated in the competition.
Champion: Bangladesh University of Professional
1st Runner-up: Dhaka University
2nd Runner-up: IBA, Dhaka University
A closing ceremony of syndicated deal of BDT 430 Million for Feiya Auto Bricks was held at The Westin, Dhaka recently, which was organized by Meridian Finance as mandated lead arranger & agent. Here participant of the syndication are BIFFL, IDCOL, Meridian Finance & Union Capital Ltd. Md. Hafiz Al Asadur Rahman, Chairman of Feiya Auto Bricks Ltd, Mr. Irteza A Khan, CEO & MD of Meridian Finance, Mr. S.M Formanul Islam, ED & CEO of BIFFL & Mr. S. M. Monirul Islam, Deputy CEO of IDCOL were present in the ceremony.
We have organized Town Hall Conference 2017 successfully on November 04, 2017 in Pacific Lake View Hotel & Resort, Gulshan-1.
BFIU & Meridian Finance conducted daylong training program on Anti-Money Laundering and Terrorist Financing at on 4th November 2017.
Mr. Habibur Rahman Talukder, DGM, BFIU and Mr. Mohammad Mahbub Alam, Joint Director, BFIU conducted the training program.
Mr. Irteza A. Khan has been promoted as the CEO & Managing Director of Meridian Finance & Investment Limited (Meridian Finance) on September 01, 2017. Prior to the promotion, he was the acting Managing Director of the Company. He has also served the Company as Deputy Managing Director & Company Secretary since the early stage of the organization. Before joining in Meridian Finance, Mr. Irteza was the General Manager & Head of Consumer Division of IDLC. He served there for more than 10 years. He started his career in Delta Brac Housing Finance Corporation Ltd. in 1999. He is an MBA from North South University.
Meridian Finance inaugurated its 2nd branch in Bogra on July 15, 2017. Honorable Board of Directors, Business leaders of Bogra formally inaugurated the branch. Mr. Irteza A Khan, Managing Director (CC) of Meridian Finance and local businessmen and high officials of Meridian Finance were present in the inauguration ceremony.
Meridian Finance inaugurated its 1st branch in Gazipur on March 14, 2017. Honorable Chairman Mr. Kazi. M. Aminul Islam, Board of Directors, Business leaders of Gazipur formally inaugurated the branch.
Mr. Mafizuddin Sarker, CEO & Managing Director, Mr. Irteza A. Khan, Deputy Managing Director of Meridian Finance and local businessmen and high officials of Meridian Finance were present in the inauguration ceremony.
In the inaugural speech, the Chairman advised Team Meridian to operate the activities of the branch with the concept of partnership with the entrepreneurs for promotion of all productive enterprises, particularly the SME sector of the area which is the backbone of Bangladesh economy
We have donated computers to Chandana High School and Kazimuddin High School located at Gazipur.
Meridian Finance have organized a cricket match among the employees at Banani Chairman Bari Field.
Bangladesh Bank and Meridian Finance & Investment Limited has recently signed Three MOU under the refinancing scheme. Meridian Finance will extend loans at a subsidize rate to the entrepreneurs under Agro based product processing industries in rural areas; Cottage, Micro & Small sector and Woman Entrepreneurs. Mr. Swapon Kumar Roy, General Manager, SMESPD of Bangladesh Bank and Mr. Irteza Ahmed Khan, Deputy Managing Director of Meridian Finance signed the MOU in presence of high officials from both of the organizations.
Bangladesh Bank and Meridian Finance & Investment Limited has recently signed an MOU under the refinancing scheme of Brick Kiln Efficiency Improvement project. Meridian Finance will extend loans at a subsidize rate to this sector under Brick Kiln Efficiency Improvement scheme. Mr. Manoj Kumar Biswas, General Manager, Sustainable Finance Department of Bangladesh Bank and Mr. Irteza Ahmed Khan, Deputy Managing Director of Meridian Finance signed the MOU in presence of high officials from both of the organizations.
Meridian Finance & Investment Ltd and Election Commission Bangladesh (ECB) have signed a Memorandum of Understanding (MoU) for verification of information and national identity, at a signing ceremony, held at Islamic Foundation Bhaban, Sher-e-Bangla Nagar, Dhaka on July 27, 2016. Brigedior Gen. Sultanuzzaman Md. Saleh Uddin, DG, NIDW, ECS was present at the occasion. Syed Mohammad Musa, Director (Operations), ECB and Irteza Ahmed Khan, Deputy Managing Director of Meridian Finance signed the agreement on behalf of their respective organizations at the ceremony. Along with senior officials of both the organizations were also present at the signing ceremony.
Following the signing of this MoU, Meridian Finance will be able to verify the national identities of all its customers for ensuring transparency and accountability of its financial services. It will also help in preventing identity frauds and ensure the authenticity of Know Your Customer (KYC) forms.
To enhance the knowledge on Anti Money Laundering and Terrorist Financing, an in house training program was facilitated by Mr. Shaikh Md. Salim, Deputy General Manager & Faculty Member of Bangladesh Bank Training Academy on February 13, 2016.
Recently BLFCA organized 3 day-long training program on “Foundation Course for Entry Level Officers” from 14 – 16 February, 2016. MFIL nominated three personal to the training program as participants. Mr. Mafizuddin Sarkar, Chairman of BLFCA & Managing Director of BD Finance and Mr. Asad Khan, Managing Director of Prime Finance and Investment Ltd and ex-Chairman of BLFCA were present among others in certificate giving ceremony.
A team of Meridian Finance participated in a workshop on “Concepts and Applications of Islamic Finance & Banking” facilitated by Mr. Khaled Mahmud Raihan, ACCA, AVP, Islamic Bank Bd Ltd. at the Corporate Head Office of MFIL.
Today is Mother’s Day. It is the best time to show our love and gratitude towards our mothers. The relationship that we share with her is beyond any words. She is the source of unconditional love that nurtures us throughout our life. There is no velvet so soft as a mother’s lap, no rose as lovely as her smile, no path so flowery as that imprinted with her footsteps.
We are delighted to share a good news with our valued Clients and Stakeholders that, Meridian Finance & Investment Ltd achieved a milestone today by crossing a business portfolio of BDT 1 Billion (Taka 100 crore). We thank our Clients and Well-Wishers whole heartedly for their tremendous support as we take Meridian Finance into the next level of achievement.
As a part of Green Banking Policy of Meridian Finance to mark the occasion of World Environmental Day which was held on June 05, 2016, plants were distributed among the stakeholders to encourage tree plantation.
Eminence Electric Wires & Cables Limited has signed a term sheet agreement with Meridian Finance & Investment Limited recently at Le Meridien Dhaka to establish a state of the art cable manufacturing industry in the country to meet the growing demand for both industrial and household usage. Meridian Finance will work as the lead arranger to raise funding worth BDT 1.0 billion for this cable manufacturing industry through syndication finance. Managing Director Mr. Mafizuddin Sarker, Mr. Irteza Ahmed Khan, Deputy Managing Director of Meridian Finance and Engr. Md. Rafique Uddin, Chairman, Engr. Mohd. Mashiul Huq, Managing Director of Eminence Electric Wires and other high officials from both the institutions were present on this occasion.
Managing Director of Meridian Finance & Investment Limited Mafizuddin Sarker and Deputy Managing Director Irteza A Khan greeting Bangladesh Bank’s new Deputy Governor SM Moniruzzaman with a bouquet of flowers at the latter’s office.
Mr. Mafizuddin Sarker has recently joined Meridian Finance & Investment Ltd. as CEO & Managing Director. Prior to joining Meridian Finance, he was the Managing Director & CEO of BD Finance Ltd.
He is an MBA from the Institute of Business Administration (IBA), University of Dhaka.
Mr. Sarker has 40 years of experience in the financial market including over 18 years as Managing Director of three NBFI of country. He started his career with Bangladesh Shilpa Rin Shangstha in 1976. He had worked in International Leasing and Financial Services Limited & Lanka Bangla Finance Ltd as Managing Director. Mr. Sarker is the Chairman of Bangladesh Leasing & Finance Companies Association (BLFCA). Also he is the former Vice President of Asian Financial Services Association (AFSA).
Bangladesh Bank Governor Atiur Rahman formally inaugurated the operation of Meridian Finance & Investment Ltd at a glittering ceremony attended by leading figures from business and banking in Dhaka.
Promoters said Meridian would be “committed to sustainable business growth, pushing traditional business boundaries and introducing best practices to grow its capabilities”.
They promised “good governance, compliance and maximum stakeholder value”.
Kazi M Aminul Islam, a former secretary to the prime minister and a former alternate executive director to The World Bank Group, chairs the board of the 32nd non-banking financial services company, with a paid-up capital of Tk 100 crore, in Bangladesh.
As the company unveiled its logo with the slogan — “Shaping Stories” – Kazi Aminul Islam and fellow board members vowed to be nothing short of “the best in the business”.
The central bank governor said Meridian had fulfilled all the criteria before being awarded the licence.
Abdul Matlub Ahmad, the FBCCI President, said Meridian’s birth came at a “very challenging” time. “There’s no shortage of money in the banks. Most banks are reeling under excess liquidity. Nine new banks have come into the market.”
So the key challenge for the new entity, said the FBCCI chief, would be to come up with innovative products.
But the governor was more optimistic than others. “This is the best time to invest in Bangladesh,” he said, citing the stable currency backed by a huge foreign currency reserve.
Atiur Rahman referred to his recent visit to Peru, where he attended the board meetings of The World Bank and IMF, and said Bangladesh was being praised by everyone for its economic management.
He spoke of the World Bank Chief Economist Kaushik Basu, who described Bangladesh’s performance as “astonishing” in an interview with bdnews24.com, and other stalwarts lauding the state of economy despite gloomy global scenario.
“Quality is the key,” said Chairman of Bangladesh Leasing and Finance Companies Association Asad Khan, “for a financial services company.”
There are all indications, Khan said, that Meridian has the hallmark of that key element.
Prime Minister’s Information Adviser Iqbal Sobhan Chowdhury, Meghna Bank MD Nurul Amin, NCC Bank MD Golam Hafiz, Meridan DMD Irteza A Khan were among others present.
Irteza A. Khan joined Meridian Finance & Investment Limited (MFIL) as it’s Deputy Managing Director. Prior to joining MFIL, he led one of the largest business team with a diversified portfolio of Consumer, Corporate, SME, Investment & Securities Financial Services in IDLC Finance Group as General Manager & Head of Consumer division. Irteza started his career with Delta Brac Housing Finance Corporation Ltd as Manager& Head of Branch in 1999. He has more than 17 years of work experience in various key positions and functional areas areas in institutions like IDLC, DBH and ACNABIN & Co. Chartered Accountants (Rep. firm of Baker Tilly International).
Irteza completed MBA from North South University, Dhaka and Chartered Accountancy Intermediate from Institute of Chartered Accountants of Bangladesh (ICAB).