Default rate triple in NBFIs than banks

The defaulted loans of None Bank Financial Institutions (NBFIs) increased to Tk 17,855 crore or 25 percent at the end of March this year. Currently, the default rate of financial institutions is almost three times higher than that of the banking sector, BB sources said. According to the data of Bangladesh

Revitalising the NBFIs in Bangladesh

Mohammad Abdul Karim With the widespread anomalies and absence of good governance, scam-hit Non-Bank Financial Institutions (NBFIs) has put the economy of Bangladesh in an awkward situation. At present 33 Non-Bank Financial Institutions are working in Bangladesh. There are 2 are totally state owned, 15 are local private and 15 are joint

Default loans of NBFIs rise 54.29pc

Default loans of Non-Bank Financial Institutions (NBFIs) rose 54.29 percent to Tk 15.936.42 crore in three months to June, 2022 compared to the same period last year, official sources said.   The total amount of default loans of NBFIs was 23 percent of the total loans disbursed, according to the latest

Women employment in banks, NBFIs falls amid 10pc quota withdrawal

Though the employment of women has marked a rise in different sectors in recent years, the average ratio of women employees in banks and non-bank financial institutions (NBFIs) saw a decline by 2.87 per cent in January-June 2021. Bangladesh Bank (BB) gender equality report January-June 2021 shows that the number of