Notice
The 167th Board of Directors’ Meeting of SABINCO will be held on December-2024 in it’s Corporate Head Quarters, 79 Nikunja-2, Dhaka-1229, Bangladesh.
Projects so far financed are in the various sectors viz. Agriculture, Cement, Electronics & Electrical, Food Production & Processing & Rice Mills, Glass & Ceramics, Iron Steel & Engineering, Pharmaceuticals & Chemicals, Power, Textiles, Telecom & IT, Wood, Furniture & Fixtures.
Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank(ADFIMI) & Foreign Investors Chamber of Commerce and Industry (FICCI), Bangladesh.
Saudi Bangladesh Industrial and Agricultural Investment Company Limited, popularly known by its acronym SABINCO, is a joint venture Industrial Finance and Investment Company owned by the Governments of Saudi Arabia and Bangladesh, established in June 1984 with it’s headquarter in Dhaka. The company commenced operation in 1986. In 1993 Bangladesh Bank (Central Bank of Bangladesh) granted the company’s license as a Non-Banking Financial Institution (NBFI).
&
Chief Executive Officer
SAUDI ENAYA
Government of the Kingdom of Saudi Arabia
&
Secretary
Finance Division
Ministry of Finance
Government of the People’s Republic of Bangladesh
URL: https://mof.gov.bd/
Any productive industrial venture with good and clean track record of the promoters is eligible for seeking investment through submission of proper documentation as required by SABINCO.
Application stating the required financing amount and accompanied by the documents need to be submitted by the promoters/ lead arranger.
SABINCO is focused to invest in labor intensive/indigenous resource based industries. Moreover, In conformity with the national development priority, SABINCO’s current investment strategy focuses on projects in new large/medium scale productive industrial sectors
SABINCO provides different types of Loan Products and services including Term Loan, Syndication Loan, Working Capital Loan, Institutional Loan, equity and transferable security products (Common Stock, Preferred Stock, Bond) and Fee based products –Consultancy and Syndication.
Interest rates are subject to change without notice depending on the prevailing money market conditions based on the agreements with the Borrowers/Clients.
Chief Executive Officer
SAUDI ENAYA
Jeddah
Government of the Kingdom of Saudi Arabia
Secretary
Finance Division
Ministry of Finance
Government of the People’s Republic of Bangladesh
URL: https://mof.gov.bd/
Chief Executive Officer (CEO)
Madr Investment Company
Government of the Kingdom of Saudi Arabia
URL: https://madr.com.sa/
Secretary
Economic Relations Division
Ministry of Finance
Government of the People’s Republic of Bangladesh
URL: https://erd.gov.bd/
Assistant Deputy Minister for Tourism Destinations
Ministry of Tourism
Government of the Kingdom of Saudi Arabia
URL: https://mt.gov.sa/
PS-I to the PM (Joint Secretary)
Prime Minister’s Office
Government of the People’s Republic of Bangladesh
URL: https://pmo.gov.bd/
Al-Markazul Islami is a multi-purpose non-profitable service rendering organization. The organization is rendering humanitarian services to the distressed people by way of providing free ambulance, medical treatment and distributing relief to the distressed people in the coastal areas.
SABINCO approves Taka 400,000,000 on 10 November 2022 to Bashundhara Oil and Gas Company Limited, located at Keranigonj, Dhaka.
To make available potable waters in some selected and harsh areas, SABINCO initiated setting up of three water desalination units – one unit each at Kailashgonj and Katakhali union under Dacope Upazilla and the other one at Hodda union under Koira Upazilla, Khulna.
Additionally, amongst the alternative sources of potable water, rainwater harvesting is the most economical solution to mitigate drinking water crisis for the villagers adjoining the Sundberban region. SABINCO also has constructed two rainwater harvesting units in its project at Kailashgonj and Hodda.