NBFI
First-ever guideline for non-banks’ independent directors
The minimum age of such directors is 45 years and maximum 75 years
DBH Finance’s profits decline in 2023
DBH Finance PLC recorded a Tk 98.45 crore profit in 2023, a 3 percent slide year-on-year
Interest rates for deposits and loans of NBFIs go up despite margin cut
Deposit rate will be a maximum 12.11 % against 10.47 % in November, lending rate will be 15.11 %, up from 13.47 %
NBFIs can’t get more than one director from a single firm
A single company can’t have more than one representative director in the board of a non-bank financial institution (NBFI), said the Bangladesh Bank yesterday.
BIFC faces liquidation
Bangladesh Industrial Finance Company Ltd (BIFC), a non-bank financial institution or NBFI, faces liquidation as it has failed to pay back loans and deposits of Tk 640 crore to 19 banks and seven NBFIs.
Editorial / Now a NBFI is in trouble!
We have both reported and editorialised how the Farmers' Bank went down under and now we are seeing a similar situation emerging with the non-bank financial institutions (NBFIs).
First-ever guideline for non-banks’ independent directors
The minimum age of such directors is 45 years and maximum 75 years
DBH Finance’s profits decline in 2023
DBH Finance PLC recorded a Tk 98.45 crore profit in 2023, a 3 percent slide year-on-year
Interest rates for deposits and loans of NBFIs go up despite margin cut
Deposit rate will be a maximum 12.11 % against 10.47 % in November, lending rate will be 15.11 %, up from 13.47 %
NBFIs can’t get more than one director from a single firm
A single company can’t have more than one representative director in the board of a non-bank financial institution (NBFI), said the Bangladesh Bank yesterday.
BIFC faces liquidation
Bangladesh Industrial Finance Company Ltd (BIFC), a non-bank financial institution or NBFI, faces liquidation as it has failed to pay back loans and deposits of Tk 640 crore to 19 banks and seven NBFIs.
Now a NBFI is in trouble!
We have both reported and editorialised how the Farmers' Bank went down under and now we are seeing a similar situation emerging with the non-bank financial institutions (NBFIs).
