Microfinance Institutions (MFIs)

Banks default loans: Political support needed to heal banking ills

Microfinance sector’s NPL nearly doubles

Microfinance institutions (MFIs) in Bangladesh witnessed an 85 percent year-on-year jump in non-performing loans in 2021-22 as borrowers struggled to pay back owing to the impacts of the coronavirus pandemic and the economic slowdown, official figures showed.  

August 16, 2023
August 16, 2023
Banks default loans: Political support needed to heal banking ills

Microfinance sector’s NPL nearly doubles

Microfinance institutions (MFIs) in Bangladesh witnessed an 85 percent year-on-year jump in non-performing loans in 2021-22 as borrowers struggled to pay back owing to the impacts of the coronavirus pandemic and the economic slowdown, official figures showed.