First Leasing Company (FLC) is a diversified leasing and asset-backed financing provider domiciled in the state of Qatar, incorporated in April 2008 under the 2002 Qatari Commercial Law Number 5. In July 2010 FLC shares were 100% acquired by Barwa Bank, one of four (4) incumbent Islamic banks in Qatar. Barwa Bank also acquired 100% shareholding in The First Investor (TFI) and First Finance Company (FFC) during 2009-10. In 2011 Barwa Bank and its three wholly-owned subsidiaries established a post-merger integration (PMI) strategy and operating plan in collaboration with Bain & Company consulting. Barwa Bank Group ownership lineage extends to the Qatar Investment Authority, Qatar’s sovereign wealth fund.
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