NBFIs in Bangladesh
A third of NBFIs running without MDs
Twelve non-bank financial institutions (NBFIs) in Bangladesh are running without a regular managing director or chief executive officer and a majority of them have had their top post vacant for more than three months in a clear breach of laws.
Non-bank loans turning sour hit record
Widespread irregularities and scams are reasons that defaulted loans at NBFIs account for 30 percent of disbursed loans
Most NBFIs incurred losses in July-September
Of the 23 listed NBFIs in Bangladesh, 17 published their financial reports
A third of NBFIs running without MDs
Twelve non-bank financial institutions (NBFIs) in Bangladesh are running without a regular managing director or chief executive officer and a majority of them have had their top post vacant for more than three months in a clear breach of laws.
Non-bank loans turning sour hit record
Widespread irregularities and scams are reasons that defaulted loans at NBFIs account for 30 percent of disbursed loans
Most NBFIs incurred losses in July-September
Of the 23 listed NBFIs in Bangladesh, 17 published their financial reports
