NBFI

First-ever guideline for non-banks’ independent directors

The minimum age of such directors is 45 years and maximum 75 years

DBH Finance’s profits decline in 2023 

DBH Finance PLC recorded a Tk 98.45 crore profit in 2023, a 3 percent slide year-on-year

Interest rates for deposits and loans of NBFIs go up despite margin cut   

Deposit rate will be a maximum 12.11 % against 10.47 % in November, lending rate will be 15.11 %, up from 13.47 %  

NBFIs can’t get more than one director from a single firm

A single company can’t have more than one representative director in the board of a non-bank financial institution (NBFI), said the Bangladesh Bank yesterday. 

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.

Editorial / Now a NBFI is in trouble!

We have both reported and editorialised how the Farmers' Bank went down under and now we are seeing a similar situation emerging with the non-bank financial institutions (NBFIs).

March 13, 2024
March 13, 2024

First-ever guideline for non-banks’ independent directors

The minimum age of such directors is 45 years and maximum 75 years

March 12, 2024
March 12, 2024

DBH Finance’s profits decline in 2023 

DBH Finance PLC recorded a Tk 98.45 crore profit in 2023, a 3 percent slide year-on-year

March 5, 2024
March 5, 2024

Interest rates for deposits and loans of NBFIs go up despite margin cut   

Deposit rate will be a maximum 12.11 % against 10.47 % in November, lending rate will be 15.11 %, up from 13.47 %  

April 27, 2023
April 27, 2023

NBFIs can’t get more than one director from a single firm

A single company can’t have more than one representative director in the board of a non-bank financial institution (NBFI), said the Bangladesh Bank yesterday. 

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.

December 1, 2017
December 1, 2017

Now a NBFI is in trouble!

We have both reported and editorialised how the Farmers' Bank went down under and now we are seeing a similar situation emerging with the non-bank financial institutions (NBFIs).