2024-06-28 06:34:22
Commissioner of Bangladesh Securities and Alternate Fee (BSEC) Professor Dr. Sheikh Shamsuddin Ahmed stated that the capital market can play a number one position within the financial growth of the nation in giant scale and in the long run within the provision of cash. Such financing just isn’t the best factor to do from the banking sector. However it’s nonetheless frequent in our nation as a result of numerous causes.
He stated these phrases just about within the speech of the chief visitor on the seminar titled ‘Nationwide Finances 2024-25: Expectations of the Capital Market’ on the Multipurpose Corridor of Bangladesh Institute of Capital Market (BICM) on Wednesday (June 26).
Right now, the manager president of the institute. Bangladesh Academy for Securities Markets (BASM) Director Common as a particular visitor within the seminar chaired by Mohammad Tarek. Taufiq Ahmed Chowdhury and BICM Assistant Professor Faisal Ahmed Khan have been current.
Shamsuddin Ahmed stated, now we have to assume severely in regards to the growth of the capital market. The best way to develop the capital market must be researched. Such analysis may also help the federal government with essential information. BICM can play an necessary position in conducting such analysis.
Within the speech of the particular visitor on the seminar. Tawfiq Ahmad Chowdhury stated, in developed nations, long-term financing is supplied from the capital market. However a unique image is seen in our nation. Normally, long-term financing is seen by taking loans from the banking sector. He additionally commented that for the financial growth of the nation, there must be interconnection between all establishments of the cash market and capital market.
Faisal Ahmed Khan stated, the financing of our nation’s deficit funds is especially carried out from the banking sector. If the federal government allocates a lot cash from the banking sector of a rustic, it has an hostile impact on the personal sector. Subsequently, different financing might be organized from the capital market to remove this hostile impact.
The chief visitor and particular visitor have been related on-line on this seminar. Additionally, BICM Director (Administration & Finance) Nazmuch Salehin together with all school members and officers of BICM and different invited friends have been current.