non-bank financial institutions

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.

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 asked to complete procedures to add PLC suffix

The direction came through a Bangladesh Bank notice May 24

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. 

Tax waived loans or their interest: ICMAB

Cost and management accountants yesterday proposed that the government tax either loans waived by commercial banks and non-bank financial institutions or the interest accrued on the loans to discourage defaulting on loans.

Non-bank deposits on the wane

Non-bank financial institutions (NBFIs) have been witnessing a persistent fall in deposits for the past one year as many clients withdrew their savings to manage expenses amid the soaring cost of living and lower returns.

October 14, 2024
October 14, 2024

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.

September 13, 2023
September 13, 2023

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.

May 25, 2023
May 25, 2023

NBFIs asked to complete procedures to add PLC suffix

The direction came through a Bangladesh Bank notice May 24

March 27, 2023
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. 

February 17, 2023
February 17, 2023

Tax waived loans or their interest: ICMAB

Cost and management accountants yesterday proposed that the government tax either loans waived by commercial banks and non-bank financial institutions or the interest accrued on the loans to discourage defaulting on loans.

December 26, 2022
December 26, 2022

Non-bank deposits on the wane

Non-bank financial institutions (NBFIs) have been witnessing a persistent fall in deposits for the past one year as many clients withdrew their savings to manage expenses amid the soaring cost of living and lower returns.