The country as a whole is going through one of the most difficult periods, created by the previous authoritarian regime through corruption and money laundering and it has left a deep scar on Bangladesh鈥檚 overall economy and financial system...
THE failure of the authorities to take measures to discipline and facilitate the ailing non-bank financial institution sector, crippled by an abnormally high defaulted loans, is unacceptable. More than 70 per cent of non-bank financial institutions are about to collapse. The Bangladesh Bank says that 21 of the 35 institutions have more than 50 per cent...
Fifty per cent of the loans issued by 21 non-bank financial institutions (NBFIs) turned non-performing as of September, revealing a dire financial crisis in the sector...
The amount of deposits in the country鈥檚 non-bank financial institutions (NBFIs) dropped by Tk聽68 crore in the July-September period due to a lack of customer trust and confidence in the sector...
The amount of defaulted loans in the country鈥檚 non-bank financial institutions was 33 per cent of the sector鈥檚 total loans in June 2024, as the sour loans surged by Tk聽4,760 crore in a year...
The Bangladesh Bank on Wednesday asked banks and non-bank financial institutions to waive fines on late payment of instalments of loans, savings schemes like deposit pension scheme and credit card bills, considering general holidays and an internet blackout amid the countrywide unrests centring quota reform protests...
The Bangladesh Financial Intelligence Unit of the Bangladesh Bank on Tuesday asked all banks and non-banking financial institutions to freeze all accounts of National Board of Revenue member Matiur Rahman and his family members who were now facing allegations of amassing illegal wealth...
Deposits in the country鈥檚 non-bank financial institutions (NBFIs) dropped by Tk聽525 crore in the January-March period as many customers closed their accounts due to lack of trust and confidence in the sector...