A leading third generation company in the insurance sector, Fareast Islami Life Insurance Comapny Limited started its journey on May 29, 2000. By the passing of time the company has consolidated its strength manifold through extending its business rapidly while ensuring sustanable growth. The company has been rendering life insurance business and services through its 23 Divisional Offices, 103 Service Center Offices, 252 Zonal Offices and 635 Premium collection centers throughout Bangladesh.
At present the authorized capital of the company is taka1000 million and paid up capital is taka 622.85 million. As on 31 December 2016 total number of shareholders were 9,845 and round the year the company has held the position at CSE 30 Index of the Chittagong Stock Exchange Limited. The shares of the company are traded both in Dhaka and Chittagong Stock Exchanges Limited in the catagory "A" from the beginning. The total market value of the company's shares is taka 3892.85 million as on 31 December 2016.
Financial performance of the company is very strong and positive. Total assets of the company as at 31 December 2016 stood at taka 41,320.58 million and life fund taka 31,297.26 million.
Mr. M. A. Khaleque, one of the noble entrepreneurs and Organizer of Bank, Insurance Company and Financial Institutions of the Country, initiated and in association with some prominent sponsors, bankers, retired Government Secretary founded Prime Islami Life Insurance Limited.
Mr. Md. Nazrul Islam, one of the fame names in Business sector across the world. After graduation he engaged in business and for the last 26 years he established a good number of Industries, Financial institutes, Bank, Insurance Company.
Tender notice: Purchase Brand computer, Dot Printer, Scanner, UPS etc.
17th Annual General Meeting 2016 held on 22 October 2017 at Fareast Tower, Dhaka.
Third quarter statement 2016 has been released.
Rajanighada Audtorium innagurate at 19th floor, Fareast Tower.
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