Daily Sun-February 02,2012 Thursday
Daily Sun-February 02’2012 Thursday
Bangladesh Bank (BB) has issued some new guidelines for the financial institutions in terms of making their investment in the capital market.
The Financial Institute and Market Division (FIMD) of the Bangladesh Bank issued a circular in this regard on Tuesday.
The circular said the capital invested by the subsidiary company of any financial institute (FI), formed to run brokerage activities or merchant banking and the long term equity investment/venture capital of any FI’s to other companies, will not be counted as capital market exposure of that FI.
The Financial Institute and Market Division (FIMD) of the Bangladesh Bank issued a circular in this regard on Tuesday.
The circular said the capital invested by the subsidiary company of any financial institute (FI), formed to run brokerage activities or merchant banking and the long term equity investment/venture capital of any FI’s to other companies, will not be counted as capital market exposure of that FI.
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