Contribute more to stock market
Stock market intermediaries in Bangladesh need to operate more responsibly and increase their contribution in achieving the country's sustainable development goals to boost investor confidence, according to government officials.
Besides, they should also play a conducive role in making it a "smart" market, said Sheikh Mohammad Salim Ullah, secretary to the Financial Institutions Division of the finance ministry.
Ullah made these comments while speaking at an award giving ceremony that recognised the top intermediaries for their contributions to develop the stock market.
The event was held on Tuesday at the Bangabandhu International Conference Center in Dhaka.
Speaking as a special guest, Ullah said all stakeholders should be more active in contributing to the process of achieving the sustainable development goals within 2030.
"And if the government aims to make the country smart by 2041, the intermediaries needs to play a key role so that the stock market also becomes smart within the stipulated time," he added.
Home Minister Asaduzzaman Khan Kamal claimed the economy of Bangladesh has advanced a lot compared to what it was 20 years ago.
"The economy boomed as the government created a conducive environment for investment," he added.
A total of 9 intermediaries won awards from the Bangladesh Securities and Exchange Commission (BSEC) on Tuesday night.
Kamal and Professor Shibli Rubayat-Ul-Islam, chairman of the BSEC, handed over the prizes to officials of the entities.
In the stock broker and dealer category, EBL Securities won first prize while Shahjalal Islami Bank Securities and Islami Bank Securities jointly won the second prize.
Similarly, Eminent Securities and Sheltech Brokerage Limited jointly won the third prize.
In the merchant bank category, Green Delta Capital won first prize while AAA Finance & Investments placed second.
Likewise, Capitec Asset Management won first prize in the asset management category while LankaBangla Asset Management came in second.
Meanwhile, BSEC Executive Director ATM Tariquzzaman and two other officials of the stock market regulator -- Biplab Kumar and Sabuj Mia -- were also awarded for their integrity.
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