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MD pool for NBFIs: Six banks suggest 40 ex-bankers

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

Defaulted loans at non-bank financial institutions (NBFIs) accounted for a record 30 percent of disbursed loans, indicating a fragile situation in the sector due to widespread loan irregularities and scams.

Bank MDs under stress due to default loans, board interference

Bank MDs under stress due to default loans, board interference
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