Published on 08:57 PM, September 29, 2021

NRBs investment in capital market easier, says BSEC commissioner 

BSEC Commissioner Shaikh Shamsuddin Ahmed. Photo: Collected

Non-resident Bangladeshis (NRBs) can invest easily in the capital market as the government allows free inflow and outflow of funds of diaspora community, said a top official of Bangladesh Securities and Exchange Commission (BSEC) today.

NRBs can invest through Non-Resident Investor's Taka Account (NITA) in order to encourage investment in the capital market, said BSEC Commissioner Shaikh Shamsuddin Ahmed at the second Global Business Summit Dubai 2021 today.

NRB CIP Association and Business America Magazine jointly organised the summit.

"Our capital market environment is great with a low price-earnings ratio and impressive prospect for higher market capitalisation. We are digitalising our operations," he said.

Digital Beneficiary Owners' account and Digital booths are opening up around the globe to facilitate participation of non-resident Bangladeshis investment in stock market, he said.