BIFC

BIFC faces liquidation

Bangladesh Industrial Finance Company Ltd (BIFC), a non-bank financial institution or NBFI, faces liquidation as it has failed to pay back loans and deposits of Tk 640 crore to 19 banks and seven NBFIs.

Now BIFC faces liquidity crunch

After Farmers Bank, a non-bank financial institution has failed to pay a depositor's money, a development that erodes depositors' confidence.

May 11, 2018
May 11, 2018

BIFC faces liquidation

Bangladesh Industrial Finance Company Ltd (BIFC), a non-bank financial institution or NBFI, faces liquidation as it has failed to pay back loans and deposits of Tk 640 crore to 19 banks and seven NBFIs.

November 30, 2017
November 30, 2017

Now BIFC faces liquidity crunch

After Farmers Bank, a non-bank financial institution has failed to pay a depositor's money, a development that erodes depositors' confidence.