TY - JOUR AU - Rifat, Apel Mahmood PY - 2017/10/09 Y2 - 2024/03/28 TI - An Analytical Study of Determinants of Non-Performing Loans: Evidence from Non-Bank Financial Institutions (NBFIs) of Bangladesh JF - Journal of Business and Technology (Dhaka) JA - J. Bus. Tech. (Dhaka) VL - 11 IS - 1 SE - Articles DO - 10.3329/jbt.v11i1.34242 UR - https://banglajol.info/index.php/JBT/article/view/34242 SP - 55-67 AB - <p>The main focus of this study is to analyze the determinants of non-performing loan (NPL) in Non-Bank Financial Institution (NBFI) sector in Bangladesh. Both macroeconomic and firm-specific variables are tested to determine the impact on classified loan ratio. A panel data-set consisting of seven NBFI with a time-span of 12 years (2003-2014) is analyzed for this purpose. Among macroeconomic variables, GDP growth rate, inflation rate and broad money in GDP are used. To capture management ability, firm-specific variables like, loan growth, loan to asset ratio, return on asset and relative size of firm were included in the study. Results show that firm-specific factors were more significant for non-performing loan of the NBFIs. Among macroeconomic variables, money supply was found to have significant impact</p><p>Journal of Business and Technology (Dhaka) Vol.11(1-2) 2016; 55-67</p> ER -