The process of securing a loan from most banks and non-bank financial institutions (NBFIs) feels like a maze.

The minimum age of such directors is 45 years and maximum 75 years

DBH Finance PLC recorded a Tk 98.45 crore profit in 2023, a 3 percent slide year-on-year

Deposit rate will be a maximum 12.11 % against 10.47 % in November, lending rate will be 15.11 %, up from 13.47 %  

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. 

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.

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).