BSS
  29 Jun 2026, 19:06

BB chief for stronger capital market to boost private investment

Bangladesh Bank (BB) Governor Md. Mostaqur Rahman. File photo

DHAKA, June 29, 2026 (BSS) - Bangladesh Bank (BB) Governor Md. Mostaqur Rahman today stressed the importance of developing a stronger and more 
dynamic capital market to support Bangladesh's long-term economic growth, saying private sector credit and investment should gradually increase to 10 
percent to sustain higher economic expansion.

The Governor made the remarks during a meeting with a delegation of Chittagong Stock Exchange PLC (CSE), led by Chairman AKM Habibur Rahman, at 
the Bangladesh Bank headquarters, said a press release.

He said a vibrant capital market is essential to complement the banking sector by providing entrepreneurs with long-term equity financing, thereby 
reducing excessive reliance on bank borrowing and creating an alternative source of funds for private sector expansion.

To strengthen the capital market, the Governor outlined a phased roadmap to increase market capitalization, setting targets of Taka 20,000 crore in 
FY2026-27, Taka 25,000 crore in FY2027-28 and Taka 30,000 crore in FY2028-29.

He said achieving these targets would help transform the capital market into a major source of long-term financing for the private sector, easing pressure 
on banks while supporting sustainable economic growth.

The Governor also highlighted recent regulatory reforms aimed at attracting foreign portfolio investment. 

Bangladesh Bank revised the rules governing Non-resident Investor's Taka Accounts (NITA) through FEID Circular No. 02, issued on May 20, 2026, 
allowing proceeds from the sale of shares and securities to be credited directly to NITA accounts. 

Under the revised framework, Authorized Dealer banks will deduct and deposit capital gains tax to the government treasury, simplifying and expediting fund 
repatriation for foreign investors.

The CSE delegation included Managing Director (MD) M. Saifur Rahman Mazumdar and General Managers Mortuza Alam and Mohammad Monirul Huq. Senior Bangladesh Bank officials also attended the meeting.