UCB Investment won first prize in the merchant banking category of the Independence Golden Jubilee Award-2021 by the Bangladesh Securities and Exchange Commission.
Scheduled banks and corporates in Bangladesh have been opting for issuance of bonds for the last couple of years to diversify treasury management and strengthen capital base.
News Desk,
bdnews24.com
Published: 11 Feb 2021 08:14 AM BdST
Updated: 11 Feb 2021 08:14 AM BdST
The Securities and Exchange Commission or SEC has organised an investor summit on the potentials of Bangladesh s capital market in Dubai. );
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It held a road-show titled ‘The Rise of Bengal Tiger: Potentials of Bangladesh Capital Markets’ on Tuesday with the aim to reach out to non-resident Bangladeshi investors and attract foreign investment in Bangladesh.
The summit, sponsored by UCB Stock Brokerage Limited, a wholly owned subsidiary of United Commercial Bank Limited, will continue at the Creek ballroom of Park Hyatt, Dubai until Friday.
Shibli Rubayat-Ul-Islam, chairman of SEC, chaired the road-show. He highlighted the important role of the capital market in raising long term funds through bond and Sharia-complaint bond or Sukuk to solve the maturity mismatch problem long prevailing in Bangladesh’s banking sector.