The deposit amount held by non-bank financial institutions (NBFIs) reached Tk 45,116 crore at the end of June this year, marking a growth of less than one per cent year on year. According to the latest "NBFIs Statistics" report, published by the Bangladesh Bank on Thursday, deposits stood at Tk 44,683 crore at the same time last year.
The report shows that NBFIs are focusing more on lending while paying less attention to deposit collection. Consequently, lending growth has outpaced deposit growth.
At the end of June this year, NBFI lending amounted to Tk 74,918 crore, reflecting a 3.42 per cent year-on-year increase, compared to Tk 72,439 crore at the same time last year.
The majority of NBFI deposits come in the form of fixed deposits, with over 90 per cent sourced from the private sector. Of the total deposits, 92 per cent were collected from the Dhaka division, while Barishal accounted for the lowest share, contributing just 0.15 per cent.
Most NBFI borrowers are from the private sector, with 99.88 per cent of total lending directed towards this segment. Key lending sectors include industry, trade and commerce, consumer finance and construction. Similar to deposit collection, the bulk of the lending (83.43 per cent) is concentrated in the Dhaka division, while Barishal accounts for the smallest share.
According to central bank data, as of June 2024, Bangladesh has 35 NBFIs, comprising three government-owned entities and 32 privately owned institutions. The total number of branches operated by NBFIs stands at 308.
