Economy & Finance
Aug 16, 2026
Midas Financing Faces Severe Liquidity Crisis as 54% Loans Classified, Auditor Warns
Midas Financing PLC faces severe liquidity crisis. 54% of loans classified as NPL (Tk 432.47cr of Tk 788.82cr). Negative equity Tk 266.01cr. Net loss Tk 335.29cr. Auditor warns of critical distress.