Presentation on Statement of Cash Flow Based on IAS In Phoenix Finance Limited

Former Phoenix Leasing Company Limited), one of the leading and reliable multi products Financial Institution in Bangladesh was incorporated in Bangladesh on April 19,1995 as Public Limited Company under the Companies Act 1994 and started its operation on May 9 1995 as a Non Banking Financial Institution under Financial Institution Act 1993 , it has changed its name to Phoenix Finance &  Investment Limited (PFIL) with a view to reflecting multi-dimensional financial activities the company has been doing other than Lease Financing which although , has remained as the prime area of the financial activities.