Three banks have confirmed forming special fund worth Tk200 crore each as part of central bank’s initiative to support the ailing capital market. The three banks are Sonali Bank, UCB Bank and Shahjalal Islami Bank Limited. Bangladesh Bank on February 10 issued a circular, allowing scheduled banks to form a special fund of Tk200 crore each for investment in the capital market. DSE currently has a market capitalization of Tk323,083 crore with the benchmark index, DSEX down by 6.66% since the beginning of this year. The selected index, CSCX and all Share Price Index, CASPI increased by 211.2 and 342.9 points respectively.

Source: Dhaka Tribune March 10, 2020 17:26 UTC