HomeGlobal EconomyShares of 9 financial institutions that fail to return customer deposits are...

Shares of 9 financial institutions that fail to return customer deposits are getting zero


Bangladesh Bank is taking a tough stance against non-banking financial institutions (NBFIs) in the continuation of reforms in the banking sector. The central bank has started the process of zeroing the shares of nine financial institutions for failing to return customer deposits for a long time. Bangladesh Bank said these institutions will be officially declared non-viable within this week. Then… details

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