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Share trading of four listed non-bank financial institutions will continue on the Dhaka Stock Exchange (DSE) for now, according to DSE sources. The exchange confirmed that trading will proceed as usual on Wednesday, pending written instructions from Bangladesh Bank regarding the liquidation decision. DSE’s chief operating officer Shafiqul Islam said the exchange has sought clarification from the central bank and will act upon official communication once received.

On Tuesday, Bangladesh Bank’s board approved the closure or liquidation of five non-bank financial institutions—FAS Finance, Fareast Finance, Aviva Finance, Peoples Leasing, and International Leasing—starting in July. Among them, four are listed on the capital market. The decision followed extremely high default loan rates, ranging from 93 to nearly 100 percent, and the institutions’ failure to return depositors’ funds. The central bank plans to appoint administrators and allocate about Tk 5,000 crore in the next budget to repay individual depositors.

The liquidation will proceed under the Bank Resolution Act, which outlines procedures for restructuring or closing distressed institutions and settling creditor claims through asset sales.

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