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