NBFIs
16 NBFIs face total provision shortfall of Tk 1,954cr
Sixteen non-bank financial institutions (NBFIs) faced a combined provision shortfall of Tk 1,954 crore till June this year, reflecting that their financial health had worsened.
NBFIs in Bangladesh: Unsung Financial Heroes
Though less recognized than banks, Non-Bank Financial Institutions (NBFIs) have played a crucial role in shaping Bangladesh’s economic landscape, acting as essential sources of lending and borrowing for the past four decades.
BB asks banks, NBFIs to inform of wilful defaulters
Bangladesh Bank yesterday asked banks and non-bank financial institutions (NBFIs) to inform Credit Information Bureau (CIB) of wilful defaulters the moment they are identified.
Non-bank loans turning sour hit record
Widespread irregularities and scams are reasons that defaulted loans at NBFIs account for 30 percent of disbursed loans
BB now hikes interest rates for NBFIs
Bangladesh Bank yesterday hiked the interest on deposits with non-bank financial institutions (NBFIs) to 9.70 percent and the lending rate to 12.70 percent to help ease the country’s inflationary pressure.
Deposit, lending rates hiked for non-banks
NBFIs can now offer 9.7% for deposits, 12.7% for lending
Build trust among people, industries minister to NBFIs
Non-bank financial institutions (NBFIs) should build trust among people since the confidence of many savers has received a blow after they lost money owing to irregularities, Industries Minister Nurul Majid Mahmud Humayun said today.
NBFIs told to hold hybrid meetings to cut costs
The Bangladesh Bank today asked non-bank financial institutions (NBFIs) to hold hybrid meetings wherever possible in order to cut operating costs and the use of energy.
Nonbank financial sector vulnerabilities surface as financial conditions tighten
Recent strains at some banks in the United States and Europe are a powerful reminder of pockets of elevated financial vulnerabilities built over years of low rates, compressed volatility, and ample liquidity.
16 NBFIs face total provision shortfall of Tk 1,954cr
Sixteen non-bank financial institutions (NBFIs) faced a combined provision shortfall of Tk 1,954 crore till June this year, reflecting that their financial health had worsened.
NBFIs in Bangladesh: Unsung Financial Heroes
Though less recognized than banks, Non-Bank Financial Institutions (NBFIs) have played a crucial role in shaping Bangladesh’s economic landscape, acting as essential sources of lending and borrowing for the past four decades.
BB asks banks, NBFIs to inform of wilful defaulters
Bangladesh Bank yesterday asked banks and non-bank financial institutions (NBFIs) to inform Credit Information Bureau (CIB) of wilful defaulters the moment they are identified.
Non-bank loans turning sour hit record
Widespread irregularities and scams are reasons that defaulted loans at NBFIs account for 30 percent of disbursed loans
BB now hikes interest rates for NBFIs
Bangladesh Bank yesterday hiked the interest on deposits with non-bank financial institutions (NBFIs) to 9.70 percent and the lending rate to 12.70 percent to help ease the country’s inflationary pressure.
Deposit, lending rates hiked for non-banks
NBFIs can now offer 9.7% for deposits, 12.7% for lending
Build trust among people, industries minister to NBFIs
Non-bank financial institutions (NBFIs) should build trust among people since the confidence of many savers has received a blow after they lost money owing to irregularities, Industries Minister Nurul Majid Mahmud Humayun said today.
NBFIs told to hold hybrid meetings to cut costs
The Bangladesh Bank today asked non-bank financial institutions (NBFIs) to hold hybrid meetings wherever possible in order to cut operating costs and the use of energy.
Nonbank financial sector vulnerabilities surface as financial conditions tighten
Recent strains at some banks in the United States and Europe are a powerful reminder of pockets of elevated financial vulnerabilities built over years of low rates, compressed volatility, and ample liquidity.
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.