NBFI Insights
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.
Mitigate lending risks through rigorous credit assessments
In the face of current economic challenges, NBFIs in Bangladesh can adopt several strategies to navigate and strengthen the finance sector.
A temporary tax cut can be a boost
The key challenges facing NBFIs or finance companies are rooted in an image problem due to governance issues of some of the NBFIs.
The rising dollar rate indirectly affects us
The overall economy, including banks and Non-Banking Financial Institutions (NBFIs), is experiencing significant challenges.
Diversifying funding sources is essential
In the turbulent landscape of 2023, the financial sector faced challenges such as a surge in non-performing loans, contracting spreads, and liquidity constraints.
Driving economic growth
Constructing a resilient financial system is paramount for a nation’s economic advancement. In Bangladesh, Non-Banking Financial Institutions (NBFIs) have been playing a pivotal role alongside banks in stimulating economic activity. They offer tailored financial services that not only foster business expansion but also enhance individual welfare, thereby enriching the financial landscape of the country.
Empowering SMEs and Women Entrepreneurs
In the financial sector, Non-Banking Financial Institutions (NBFIs) are frequently overlooked despite playing a role no less vital than traditional banks.
Adopting advanced technology is crucial
Non-bank financial institutions (NBFIs) in Bangladesh play a pivotal role in the country’s financial ecosystem, offering services ranging from leasing and housing finance to merchant banking and microcredit.
