Bangladesh Bank Headquarters

Dhaka, Bangladesh (BBN) – The central bank of Bangladesh has asked the non-banking financial institutions (NBFIs) to avoid all financial transactions including taking deposit and giving loan or lease in the business development centres.

The Bangladesh Bank (BB), the country’s central bank, issued a circular in this connection and asked the managing director (MDs) and chief executive officers (CEOs) of all NBFIs to follow the instruction properly.

“The business development centres of NBFIs cannot perform any financial transactions regarding deposit or credit or lease. But, the centre can conduct many activities, including customer services, consultation, complaint receiving and settlement and human resources development, which are not directly related to financing business,” the BB said in the circular.

Currently, 34 NBFIs are running their businesses across the country.