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Non-Banking financial institutions:

Non-banking financial companies, or NBFCs, are financial institutions that provide certain types of banking
services, but do not hold a banking license. Generally, these institutions are not allowed to take deposits
from the public, which keeps them outside the scope of traditional oversight required under banking
regulations. NBFCs can offer banking services such as loans and credit facilities, retirement planning,
money markets, underwriting, and merger activities.

A non-bank financial institution (NBFI) is a financial institution that does not have a full banking license or
is not supervised by a national or international banking regulatory agency. NBFI facilitate bank-related
financial services, such as investment, risk pooling, contractual savings, and market brokering. Examples
of these include insurance firms, pawn shops, cashier's check issuers, check cashing locations, payday
lending, currency exchanges, and microloan organizations.

Regulator Authority of NBFI:


Operations of non-bank financial institutions are often still covered under a country's banking regulations.
Bangladesh Bank is the central bank of the country and therefore, is responsible for regulating and
supervising the bank based system. At the same time, as a supreme authority of the indirect form of
financial intermediation, Bangladesh Bank is also responsible for controlling the activities of all
NBFIs.

List of Non-Banking Financial Institutions of Bangladesh:

1. Investment Corporation of Bangladesh

2. Agrani SME Financing Company Limited

3. Bangladesh Finance and Investment Company Limited

4. Bangladesh Industrial Finance Company Limited

5. Bangladesh Infrastructure Finance Fund Limited

6. Bay Leasing and Investment Limited

7. CAPM Venture Capital and Finance Limited

8. Delta Brac Housing Finance Corporation Limited

9. Far-east Finance & Investment Limited

10. FAS Finance & Investment Limited

11. First Finance Limited


12. GSP Finance Company (Bangladesh) Limited

13. Hajj Finance Company Limited

14. IDLC Finance Limited

15. Industrial and Infrastructure Development Finance Company Limited

16. IPDC Finance Limited

17. Infrastructure Development Company Limited

18. International Leasing and Financial Services Limited

19. Islamic Finance and Investment Limited

20. LankaBangla Finance Limited

21. Meridian Finance and Investment Limited

22. MIDAS Financing Limited

23. National Finance Limited

24. National Housing Finance and Investments Limited

25. People's Leasing and Financial Services Limited

26. Phoenix Finance and Investments Limited

27. Premier Leasing & Finance Limited

28. Prime Finance & Investment Limited

29. Reliance Finance Limited

30. Saudi-Bangladesh Industrial & Agricultural Investment Company Limited

31. SEAF Bangladesh Venture Limited

32. The UAE-Bangladesh Investment Company Limited

33. Union Capital Limited

34. United Finance Limited

35. Uttara Finance and Investments Limited

Specialized Financial Institutions (Semi Formal Sector)

1. House Building Financial Corporation (HBFC)

2. Palli Karma Sahayak Foundation (PKSF)


Assignment On
Non-Banking Financial Institution

Prepared For
Md. Alamgir Hossen
Assistant Professor
Course Instructor
Bank Management, Fin-303

Prepared By
Asrafuzzaman
ID 1907
BBA 25th Batch

Institute of Business Administration


Jahangrinagar University

Date of Submission
28th March, 2018

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