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Assignment On

Bank Management
Submitted To
Alamgir Hossen
Course Instructor
Institute of Business Administration
Jahangirnagar University
Submitted By
Aqib Raf
ID: 1811
Batch: 23rd
Date of submission: 21/08/16

Q1. What is non-bank financial institution?


Ans: 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.
Insurance firms, pawn shops, cashier's check issuers, check cashing locations, payday
lending, currency exchanges are the examples of NBFI.

Q2. What is the difference between NBFI and Bank?


Ans: The basic differences between NBFI and Bank include:-

A Bank is an organization that accepts customer cash deposits and then


provides financial services like bank accounts, loans, share trading account,
mutual funds, etc.
A NBFI (Non Banking Financial Institution) is an organization that does not
accept customer cash deposits, but provides all financial services except bank
accounts.
A bank interacts directly with customers while an NBFI interacts with banks and
governments
A bank indulges in a number of activities relating to finance with a range of
customers, while an NBFI is mainly concerned with the term loan needs of large
enterprises
A bank deals with both internal and international customers while an NBFI is
mainly concerned with the finances of foreign companies
A bank's main interest is to help in business transactions and
savings/investment activities while an NBFI's main interest is the stabilization of
the currency

Q3. Is there any NBFI in Bangladesh? List them if Bangladesh has NBFI.
Ans: There are several NBFIs in Bangladesh. They are enlisted below:

1. Uttara Finance and Investments Limited


2. United Leasing Company Limited (ULCL)
3. Union Capital Limited

4. The UAE-Bangladesh Investment Co. Ltd


5. Saudi-Bangladesh Industrial & Agricultural Investment Company Limited
6. Reliance Finance Limited
7. Prime Finance & Investment Ltd
8. Premier Leasing & Finance Limited
9. Phoenix Finance and Investments Limited
10. People's Leasing and Financial Services Ltd
11. National Housing Finance and Investments Limited
12. National Finance Ltd
13. MIDAS Financing Ltd. (MFL)
14. LankaBangla Finance Ltd.
15. Islamic Finance and Investment Limited
16. International Leasing and Financial Services Limited
17. Infrastructure Development Company Limited (IDCOL)
18. Industrial Promotion and Development Company of Bangladesh Limited(IPDC)
19. Industrial and Infrastructure Development Finance Company (IIDFC) Limited
20. IDLC Finance Limited
21. Hajj Finance Company Limited
22. GSP Finance Company (Bangladesh) Limited (GSPB)
23. First Lease Finance & Investment Ltd.
24. FAS Finance & Investment Limited
25. Fareast Finance & Investment Limited
26. Delta Brac Housing Finance Corporation Ltd. (DBH)
27. Bay Leasing & Investment Limited
28. Bangladesh Industrial Finance Company Limited (BIFC)
29. Bangladesh Finance & Investment Co. Ltd.
30. Agrani SME Finance Co. Ltd.

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