The Story
Original thinking. Inventive structures.
RSA Capital is a boutique firm offering specialized financial solutions, with a focus in MENA and Bangladesh — one of Bangladesh's premier structured finance, M&A and private equity houses, expanding its footprint across the MENA region.
The Beginning
2006. A world first.
Three years after its 2003 launch, RSA established itself through a milestone transaction — the world's first micro-credit securitization for BRAC, the world's largest NGO. A widely acclaimed USD 180 million transaction, named Securitisation Deal of the Year and one of CFO Asia's ten outstanding deals of 2006.
RSA creates financial value by providing original and inventive structured finance solutions, leveraging extensive experience in structured finance, fixed income and corporate advisory services.
$0.00B
Total transaction value since inception in 2003
Debt
US$1.00B
28 transactions
Advisory
US$0.80B
7 transactions
M&A
US$1.18B
15 transactions
Equity
US$0.02B
4 transactions
RSA is currently advising on a further ~US$300 million of M&A mandates in progress — spanning financial institutions, retail, energy and telecom since inception.
Mission
Two engines. One firm.
Advisory
We create financial value through original and innovative structured finance solutions. Our team has extensive knowledge and experience in structured finance, fixed income, treasury, equity capital markets, M&A, private equity and corporate advisory services.
Investments
We are an opportunistic strategic investor — especially in banks, financial institutions and selected manufacturing companies in our geographic area, including significant minority stakes in the NBFI and life insurance sectors. We enhance value through strategic restructuring and industry best practices.
RSA Advisory · Dhaka
Where the story began.
RSA Capital's Bangladesh house — one of the country's premier structured finance, M&A and private-equity firms, and the origin of every market first the group has pioneered since 2003.
RSA Advisory Limited — Dhaka, Bangladesh
- Structured finance, fixed income and corporate advisory across banks, NBFIs, corporates and SMEs.
- Principal-investment platform holding strategic stakes across financial services, agro, logistics and e-commerce.
- The team behind the world's first micro-credit securitization and a series of Bangladesh market firsts.
Principal Investments
Where the second engine runs.
Beyond advisory, RSA is an opportunistic strategic investor in its own right — holding strategic stakes across financial services, agro, logistics, e-commerce and aviation in Bangladesh.
IPDC Finance
5%Non-Bank Financial Institution
Bangladesh's first non-bank financial institution, listed on the Dhaka Stock Exchange.
Since 2015
Guardian Life Insurance
14.3%Life Insurance
Seed capital and founding investor in Bangladesh's fastest-growing life insurance company.
Since 2013
Capital Logistics
45%Logistics
Backend e-commerce logistics and clearing & forwarding services provider in Bangladesh.
Since 2016
C-Express
45%Logistics
Domestic and international courier company, operating alongside sister company Capital Logistics.
Since 2016
MAAR
22%Agro Refinery
Seed capital and founding investor in an agro refinery producing starch from maize.
Since 2014
Direct Fresh
10%E-commerce / FMCG
A premium online grocery store serving Bangladesh's growing e-commerce market.
Since 2016
RSA Aviation
GSAAviation
General Sales Agent (GSA) of Emirates Airline ("EK") in Bangladesh.
Since —
The Journey
Two decades of firsts.
2003
RSA Capital is launched.
2006
Milestone transaction — US$180 million microcredit securitization for BRAC; Securitisation Deal of the Year and one of CFO Asia's ten outstanding deals of 2006.
2013
RSA launches its principal investment unit, now holding significant investments in selective sectors.
2017
RSA Capital (DIFC) is launched in the Dubai International Financial Centre.
2022
Principal investments significantly expanded.
Geographic Coverage
18 countries. Three continents.
Asia
Middle East & North Africa
East & South Africa
Recognition
Award-winning structures.
International Finance Awards 2019 — Most Innovative Structured Finance Solutions. From the Securitisation Deal of the Year in 2006 to Asia Business Outlook's Top M&A Consultants from Asia in 2022, RSA's work has been recognized across two decades.
Sustainability
Financial value, and social value.
RSA's mission is to optimize its clients' financial and social value — a belief that a firm should help build a socially sustainable environment, not just returns.
UCEP — Underprivileged Children's Educational Program
Through its CSR programme, RSA Capital supports UCEP Bangladesh — providing education and vocational training that gives underprivileged children a path to skilled, dignified livelihoods.
Social Value
Every mandate is measured not only in financial terms, but in the jobs, capacity and resilience it helps create.
Sustainable Finance
A track record in green and SME financing — including Bangladesh's first green & SME USD loan syndication by DFIs.
Community
Direct support for education and skills through long-term partnerships such as UCEP.
Key Sector Focus
Where we operate.
Banks & Financial Institutions
Infrastructure — Power & Telecoms
Agro, Retail & FMCG
Energy, Renewables, Oil & Gas
Healthcare & Pharmaceuticals
Logistics
Hospitality
Asset Management