Bangladesh Bank (BB) will continue its support to the country’s stock market, Governor Dr Atiur Rahman said on Thursday while unveiling the monetary policy statement (MPS) for the second half of the current 2014-15 financial year (FY15).
He said BB attached special importance to deeper cooperation with Bangladesh Securities Exchange Commission (BSEC) and took special initiative to provide a refinance line to the Investment Corporation of Bangladesh (ICB) as a support for improving capital market, which helped stabilize the market, reports BSS.
“Such initiatives regarding financial stability and capital market development will be continued and strengthened”, the governor said.
He said the first half of the FY15, BB introduced a number of new investor friendly regulatory reforms facilitating external transactions of foreign and local businesses including investors in the capital market.