Type: | Private |
Location: | Dhaka, Bangladesh |
Founder: | Jowher Rizvi |
Key People: | Jowher Rizvi (chairman) Yasser Rizvi (managing director) |
Revenue: | US$142 million |
Num Employees: | 5,000 |
Alliance Holdings Limited (AHL) is a Bangladeshi conglomerate company based in Dhaka, Bangladesh. It is active in business areas such as inland container terminals, prefabricated steel building manufacturing, power generation, lubricant blending, and financial services.[1] [2]
Alliance Holdings Limited was founded in 1998 by Jowher Rizvi as a holding company in Bangladesh.[3] [4]
In April 2010, Alliance Holdings announced its plan to offer 35 million shares at Tk 10 each in a public flotation.[1] The capital raised was intended for business expansion and investment in infrastructure sectors such as power, telecom, and shipbuilding.[1]
In 2021, Alliance Holdings and The Social Loan Company (TSLC), a Singapore-based firm, formed a joint venture to launch the digital credit application CASHe in Bangladesh.[5]
Over the years, Alliance Holdings has held a shareholding in companies such as Summit Alliance Port Limited and Global Beverage Company Limited, a franchisee for various soft drinks such as Virgin, Zam Zam, and Shark Energy.[1] It has also held a stake in the Industrial Promotion and Development Company of Bangladesh (IPDC), Bangladesh's first private sector financial institution.[1]