NBFIs asked to serve 4 categories people on priority basis
Central bank issued a circular in this regard on Wednesday
The Bangladesh Bank has asked non-bank financial institutions to serve freedom fighters, elderly people, widows and persons with disabilities on a priority basis.
The Department of Financial Institutions and Markets of the central bank on Wednesday issued a circular in this regard, instructing them to arrange preserved seats for people of the four categories and ensure their sought services within the shortest possible time in a hassle-free way.
A non-bank financial institution is a financial institution that does not have a full banking licence but is allowed to take deposits from the public.
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The 34 NBFIs in the country facilitate alternative financial services, such as investment, financial consulting, money transmission and others. NBFIs are a source of consumer credit, along with licensed banks.
