Bangladesh Infrastructure Finance Fund Limited (BIFFL)
(A Financial Institution owned by the Ministry of Finance, GoB)

Milestone

Date Achievement
10 December 2015 First disbursement made to a Connectivity Project (First Dhaka Elevated Expressway). This is also the First disbursement in a PPP Project.
19 October 2015 First disbursement made to an Economic Zone (Sreehatta Economic Zone).
01 June 2015 Mr. S.M. Formanul Islam joins as the second full-time Executive Director & CEO of BIFFL.
02 March 2015 First disbursement made to a Brick Project (ARB Enterprise)
06 August 2014 First disbursement made to a Power Project (Sinha People’s Energy Limited).
03 June 2014 BIFFL signs participation agreement with Bangladesh Bank to participate in the ‘’Financing Brick Kiln Efficiency Improvement Project’’.
10 October 2013 BIFFL signs participation agreement with Bangladesh Bank to participate in the ‘’Refinance Scheme for Renewable Energy & Environment Friendly Financeable Sector’’.
25 June 2012 Ministry of Finance nominates the dignitaries for the formation of an 11-member Advisory Board for BIFFL.
01 February 2012 Mr. Md. Atiquzzaman joins as the first full-time Executive Director & CEO of BIFFL.
20 April 2011 The first meeting of the BoD held at the Finance Division, Ministry of Finance, and Bangladesh Secretariat.
12 April 2011 Ministry of Finance approves the formation of the 8-member Board of Directors for BIFFL.
16 October 2011 Obtained license from Bangladesh Bank.
11 March 2011 Incorporation of the company with highest paid up capital in the business history of the country (BDT 16.0 billion/USD 200 million).
29 July 2010 Cabinet meeting approves the formation of BIFFL, its Memorandum of Association and Article of Association.
   
   
   

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