The Center for Enterprise and Society (CES) is pleased to announce the publication of our latest report under the Sector Report Series, here.
Title of Report:
Market Bubbles, Structural Developments and Present Trends:
An Overview of Bangladesh Capital Markets
Month: April 2016
Publication Series: Sector Report Series
Author: Sajid Amit, Director, Center for Enterprise & Society (CES)
By way of a brief excerpt:
Bangladesh Capital Markets: An Overview Over the last 12 years, the Bangladesh economy has sustained average GDP growth of around 6% per year, accompanied by significant shifts in the sectoral output, away from agriculture to industry and services, towards an increasing contribution of the private sector to growth in investment. One of the drivers of the private sector contribution to investment has been the remarkable growth of the Bangladesh banking sector. Although less than a quarter of the population are formally classified as “banked”, there are over 50 private commercial banks in the country, and several of them have acquired mobile banking licenses to bridge the gap between the banked and the unbanked.
With regard to capital markets organizations, although merchant banks and brokerage firms typically constitute the nonbanking financial institution (NBFI) sector of the economy, several banks have sister concern brokerage firms and merchant banks. However, despite the growth and development of the banking sector, the NBFI sector at large, and the capital markets in particular, have lagged behind.
Our piece was also featured on the Financial Express. You can access it here.
No comments:
Post a Comment