Irregularities in Banking Sector
There is no alternative to tightening financial regulation
BFIU must be empowered to do more to prevent money laundering
NBFIs lose over 48,500 deposit accounts in 3 months
Non-bank financial institutions in Bangladesh lost 48,637 deposit accounts in the three months to December as savers moved away from NBFIs owing to the imposition of the cap on the deposit rate and the erosion of confidence in the wake of allegations of irregularities at some banks.
February 22, 2024
There is no alternative to tightening financial regulation
BFIU must be empowered to do more to prevent money laundering
March 27, 2023
NBFIs lose over 48,500 deposit accounts in 3 months
Non-bank financial institutions in Bangladesh lost 48,637 deposit accounts in the three months to December as savers moved away from NBFIs owing to the imposition of the cap on the deposit rate and the erosion of confidence in the wake of allegations of irregularities at some banks.
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