Bangladesh Finance has been recognised as a top sustainable financial institution (FI) by the Bangladesh Bank for its unwavering commitment to sustainability and responsible financial practices.

This achievement is the second consecutive year for the non-bank financial institution (NBFI), said a press release.

Md Kyser Hamid, managing director and CEO of the NBFI, received an award from Abdur Rouf Talukder, governor of the central bank, at the latter's headquarters in Motijheel, Dhaka on Tuesday.

"Bangladesh Finance's commitment to financing ventures extends beyond metropolitan areas, reaching the farthest corners of the nation to support various micro and small-scale entrepreneurs," said Hamid.

This year's recognition was conferred upon the top four NBFIs and seven banks from both the public and private sectors.

The central bank highlighted the key criteria including a minimal non-performing loan ratio, sustainable financing for SMEs, green refinancing, CSR initiatives, extensive banking service coverage, and the principles of core banking sustainability that were considered in conferring this recognition. Among others, Nurun Nahar, deputy governor of the BB, and Md Khurshid Alam, executive director, were present.