The banks are– Sonali Bank, Janata Bank, Rupali Bank, United Commercial Bank, Shahjalal Islami Bank, The City Bank, Islami Bank Bangladesh, Social Islami Bank, Pubali Bank, Exim Bank, Dhaka Bank, NCC Bank, AB Bank, Mercantile Bank, Mutual Trust Bank, Southeast Bank and NRBC Bank. He hoped the market would revive soon with the injection of fresh liquidity through the banks’ special funds. Bangladesh Bank on February 10 issued a circular, directing all scheduled banks to form a special fund of Tk200crore each for investment in the capital market. BAB President Nazrul Islam said banks agreed to form special funds for investing in the stock market. The investment would take place very soon by the banks that had already created their special funds to prop up the market, he added.
Source: Dhaka Tribune March 23, 2020 15:00 UTC