If the capital market improves, the profit will be of the bank: Governor

At present, the main capital market of the country, Dhaka Stock Exchange (DSE), has a market capitalization of Tk 520,000 crore. BSEC expects to add another 1 lakh 75 thousand crores to the market capital once the trading of treasury bills and bonds starts.

Governor Rauf said, “We are the regulatory body of the currency market of Bangladesh. We will do whatever cooperation is needed for the welfare of the country’s capital market.”

In this event organized at the head office of BSEC in Agargaon, special guest Sheikh Mohammad Salim Ullah, Secretary of the Financial Institutions Department of the Ministry of Finance said, “The bond market is big in developed countries, but the size of the bond market here is not that big.”

BSEC Chairman Professor Shibli Rubaiyat-ul-Islam said in the president’s speech that the arrival of a Bangladesh Bank governor for the first time at the BSEC office was ‘historic’ and said, “Doing something for the capital market and the economy means the development of the country. We will work together for the development of the country. And those who try to tamper with the capital market, beware.”

BSEC Commissioner Sheikh Shamsuddin Ahmed said in his welcome speech at the event, “Today’s event is our 6th Investor Week event. By including investment education in the national curriculum, we are taking initiatives to bring investment education to everyone’s doorstep.”

J. Paul Burwood, executive director of the organization named ‘Fair Canada’, joined the event virtually and presented the keynote.