Already struggling on providing a huge amount of loans to S Alam Group, Islami Bank Bangladesh is now in uncertainty over getting back Tk 8,279 crore it had provided as liquidity support to four banks ...

LONDON, Dec 18 (Reuters) - Multi-trillion dollar non-banking finance saw its first major retreat last year since the global financial crisis in 2009, with the shrinkage due to higher interest rates ...

The Bangladesh Bank has awarded licence to a new non-bank financial institution (NBFI)–Strategic Finance and Investments Limited –bringing the total number of NBFI to 35. “Bangladesh Bank on March 19, ...

Investors are hardly showing any interest to buy stocks of banks mainly due to the sector's key indicators portraying a gloomy outlook. Moreover, manipulation is a big draw for investors here. With a ...

The non-banking financial institutions (NBFI) sector has evolved over the past years to be a stronger force in the finance industry in Sri Lanka. Unfortunately, the public only remembers NBFIs in ...

ISLAMABAD, March 7: The Securities and Exchange Commission of Pakistan (SECP) has prescribed a checklist to be filled in by the secretary/chief executive officer of all the non-bank financial ...

LOLC Al-Falaah, the Alternate Financial Services unit of LOLC Finance PLC, was once again in the spotlight at the 10th Islamic Finance Forum of South Asia (IFFSA) Awards, held on 25th of September ...

Individuals found to be involved in financial irregularities will be barred from leading Non-Bank Financial Institutes (NBFIs) as managing director or chief executive officer. The Department of ...

Council Member of The Finance Houses Association of Sri Lanka As an integral part of the Country’s financial system, Licensed Finance Companies (LFCs) and registered leasing companies play a vital ...

Fitch Ratings on Monday said recovery of non-banking financial institutions (NBFIs) in near-term is not probable as the sector continues to wrestle with the fallout from the COVID-19 pandemic. "We ...

The UK Financial Conduct Authority (FCA) has published a speech by Sarah Pritchard, executive director of consumers, competition and international, on the FCA's approach to non-bank financial ...

The NBFI sector operating within the country is of large, medium and small sizes but they all contribute to the country’s economy at the end of the day. The present scenario offers an edge towards ...