Bangladesh Bank Governor Ahsan H Mansur has urged non-bank financial institutions (NBFIs) to submit reform plans to address growing challenges in the sector, including mismanagement and rising defaulted loans. At a meeting with NBFI leaders, Mansur emphasized the need for concrete strategies to revive the struggling institutions, many of which face liquidity crises. Defaulted loans in NBFIs have surged to nearly Tk 23,208 crore, representing 32% of total disbursed loans by the end of 2023. NBFI leaders also requested policy support similar to that provided to banks to stabilize the sector, as 10 institutions are in critical condition.
BIZDATAINSIGHTS
Bizdata Insights is a Market Insights, Data Intelligence and Business Advisory Platform
Our Solutions
Menu
Newsletter
Sign up for our newsletter now by entering your e-mail address and never miss out on the latest news and updates from our team!