Bangadesh Securities and Exchange Commission(BSEC)

The Bangladesh Securities and Exchange Commission (BSEC) was established

on 8th June, 1993 as the regulator of the countrys capital market through enactment
of the Securities and Exchange Commission Act 1993. Through an amendment of the
Securities and Exchange Commission Act, 1993, on December 10, 2012, its name has
been changed as Bangladesh Securities and Exchange Commission from previous
Securities and Exchange Commission. The Commission consists of a Chairman and
four Commissioners who are appointed for fulltime by the government for a period of
four years and their appointment can be renewed only for further one term, but the
condition is that age cannot exceed 65 in position during the tenure. The Chairman
acts as the Chief Executive Officer (CEO) of the Commission. The Commission has
overall responsibility to formulate securities legislation and to administer as well. The
Commission is a statutory body and attached to the Ministry of Finance.
Mission:

Protect the interests of securities investors.

Develop and maintain fair, transparent and efficient securities markets.

Ensure proper issuance of securities and compliance with securities laws.

Functions:

Regulating the business of the Stock Exchanges or any other securities market.

Registering and regulating the business of stock-brokers, sub-brokers, share

transfer agents, merchant bankers and managers of issues, trustee of trust
deeds, registrar of an issue, underwriters, portfolio managers, investment
advisers and other intermediaries in the securities market

Registering, monitoring and regulating of collective investment scheme

including all forms of mutual funds.

Monitoring and regulating all authorized self regulatory organizations in the

securities market.

Prohibiting fraudulent and unfair trade practices relating to securities trading in

any securities market.

Promoting investors education and providing training for intermediaries of the

securities market.

Prohibiting insider trading in securities.

Regulating the substantial acquisition of shares and take-over of companies.

Undertaking investigation and inspection, inquiries and audit of any issuer or

dealer of securities, the Stock Exchanges and intermediaries and any self
regulatory organization in the securities market.

Conducting research and publishing information.

Page | 1

List of Registered Merchant Banks

1. AAA Consultants and Financial Adviser Limited
2. AB Investment Limited
3. Agrani Equity and Investment Limited
4. Alliance Financial Services Limited
5. Alpha Capital Management Limited
6. Banco Finance & Investment Limited
7. Bay Leasing and Investment Limited
8. BMSL Investment Limited
9. BRAC EPL Investment Limited,
10. City Bank Capital Resources Limited
11. Cosmopolitan Finance Limited
12. EC Securities Limited
13. EXIM Islami Investment Limited
14. FAS Capital Management Limited
15. First Security Islami Capital & Investment Limited
16. Grameen Capital Management Limited
17. Green Delta LR Financial Services Limited
18. GSP Finance Company (BD) Limited
19. ICB Capital Management Limited
20. IDLC Investments Limited
21. IIDFC Capital Limited
22. Jamuna Bank Capital Management Limited
23. Janata Capital and Investment Limited
24. Lanka Bangla Investments Limited
25. MTB Capital Limited
26. NBL Capital and Equity Management Limited
27. NDB Capital Limited
28. PLFS Investment Limited
29. Prime Bank Investment Limited
30. Prime Finance Capital Management Limited
31. Race Portfolio and Issue Management Limited
32. Royal Green Capital Market Limited
33. Rupali Investment Limited
34. SBL Capital Management Limited,
35. Sigma Capital Management Limited
36. Sonali Investment Limited
37. Southeast Bank Capital Services Limited
38. Swadesh Investment Management Limited
39. Trust Bank Investment Limited
Page | 2

40. Union Capital Limited

41. Uttara finance and Investment Limited
42. AFC Capital Limited
43. First Securities Services Limited
44. Business and Management Co.
45. Imperial Capital Limited
46. Sonar Bangla Capital Management Limited
47. Bengal Investments Limited
48. BD Finance Capital Holdings Limited
49. Citizen Securities & Investment Limited
50. IL Capital Limited
51. CAPM Advisory Limited
52. EBL Investments Limited
53. AIBL Capital Management Limited
54. Shandhani Life Finance Limited
55. Beta One Investments Limited
56. Riverstone Limited

Page | 3

List of Credit Rating Companies

Sl.No

Name

01

Credit Rating Information and Services Ltd. (CRISL)

02

Credit Rating Agency of Bangladesh Ltd. (CRAB)

03

National Credit Ratings Ltd.

04

Emerging Credit Rating Ltd.

05

ARGUS Credit Rating Services Ltd.

06

WASO Credit Rating Company (BD) Ltd.

07

Alpha Credit Rating Ltd.

08

The Bangladesh Rating Agency Ltd.

Page | 4

List of Asset Management Companies

Sl.No

Name

ICB Asset Management Company Ltd.

Asset & Investment Management Services Bangladesh Ltd. (AIMS)

L-R Global Bangladesh Asset Management Company Ltd.

Bangladesh Development Bank Limited (Previous -Bangladesh Shilpa Rin

Sangstha)

RACE Management Pvt. Co. Ltd.

Prime Finance Asset Management Company Ltd.

VIPB Asset Management Company Ltd.

Alif Asset Management Company Ltd.

National Asset Management Ltd.

10

Invest Asia Capital Asset Management Ltd.

11

Asian Tiger Capital Partners Asset Management Ltd.

12

Alliance Capital Asset Management Ltd.

13

Universal Financial Solutions Ltd.

14

Zenith Investment Ltd.

15

CAPM (Capital & Asset Portfolio Management) Company Ltd.

16

Rock Asset Management Ltd.

17

Lanka Bangla Asset Management Company Ltd.

18

Vanguard Asset Management Limited

19

Peninsula Asset Management Company Limited

20

Assurance Asset Management Ltd.

21

Strategic Equity Management Limited

Page | 5

List of Security Custodian Service Provider

Sl.No.

Name

01

The Hongkong & Shanghi Banking Corporation ltd

02

Standard Charterd Bank Ltd

03

Dhaka Bank Ltd

04

Southeast Bank Ltd.

05

Arab Bangladesh Bank Ltd.

06

IDLC Finance Ltd.

07

Commercial Bank of Ceylon Ltd.

08

Citi Bank N.A.

09

The City Bank Ltd.

10

BRAC Bank Ltd.

11

One Bank Ltd.

12

Mutual Trust Bank Ltd.

Page | 6

List of Registered Custodians for Mutual Fund

Serial No.
Name of Custodian Company
1.

Agrani Bank Ltd.

2.

BRAC Bank Limited

3.

Citi Bank N.A.

4.

Investment Corporation of Bangladesh (ICB)

5.

Standard Chartered Bank

6.

The Hongkong and Shanghai Banking Corporation (HSBC) Limited

7.

Commercial Bank of Ceylon PLC

Page | 7

List of Registered Trustees for Mutual Fund

Serial No.

Name of the Trustee Company

1.

Investment Corporation of Bangladesh

2.

Grameen Fund, Grameen Bank

3.

Bangladesh General Insurance Co. Ltd.

4.

Sandhani Life Insurance Company Ltd.

5.

BRAC Bank Limited

6.

Eastern Bank Ltd.

7.

ICB Capital Management Ltd.

Page | 8

Central Depository Bangladesh Limited (CDBL)

Central Depository Bangladesh Limited (CDBL) was incorporated on 20th August 2000
sponsored by the country's Nationalized Commercial Banks (NCBs), Investment Corporation of
Bangladesh (ICB), Private Commercial Banks (PCBs), Foreign Banks, Merchant Banks, Publicly Listed
Companies, Insurance Companies and Dhaka & Chittagong Stock Exchanges with the collaboration of
the Asian Development Bank (ADB).
CDBLs core services cover the efficient delivery, settlement and transfer of securities through
computerized book entry system i.e. recording and maintaining securities accounts and registering
transfer of securities; changing the ownership without any physical movement or endorsement of
certificates and execution of transfer instruments. The Central Depository System (CDS) operated by
CDBL has proved to be a convenient and reliable means to settle securities transaction. The investor has
been freed from the hassles of physical handling of certificates, errors in paper work and the risks
associated with damaged, lost and forged certificates.
Legal basis for CDBLs operations is set out in the Depositories Act 1999, Depositories
Regulations 2000, Depository (User) Regulations 2003, and the CDBL Bye Laws.
CDBLs operations are carried out in its Main Data Centre which is linked to a remote Disaster
Recovery Centre operating as a backup with data update taking place simultaneously.
CDBLs Software application VeDAS (Versatile Engine for Depository Accounting System) is
built on three-tier architecture, with Visual Basic at the Front End, TUXEDO as the middle tier
transaction manager and Oracle at the Back End centralized database.
Network connectivity to Depository Participants (DPs), Issuers, Banks, Stock Exchanges
and Bangladesh Securities and Exchange Commission (BSEC) is through Front End interfaces accessed
by fiber optics network connections. Small volumes of data transmission are also possible via PSTN
telephone lines.
Live operations of the CDS commenced with the inauguration of the Electronic Government
Securities Registry (EGSR) by the Governor of Bangladesh Bank on 20th October 2003. Equity market
securities dematerialization process i.e. eliminating physical certificate as record of security ownership by
substituting it as an electronic book entry record in the CDS commenced on 24th January 2004 with the
entry of Square Pharmaceuticals Limited into the CDS.
Since 14th February 2003 CDBL has been acting as National Numbering Agency for International
Securities Identification Number (ISIN) and Classification of Financial Instruments (CFI) in Bangladesh,
initially as a partner and since 3rd June 2010 as full member of Association of National Numbering
Agencies (ANNA). CDBL is a member of Asia Pacific Central Securities Depository (CSD) Group
(ACG) and an associate member of South Asian Federation of Exchanges (SAFE).

Highlights of progress of CDS

Depository elements
Investors Accounts set-up in the CDS
Investors Accounts in operable state in the
CDS
Percentage of operable Investors Accounts
Investors Accounts with Share Balances
Investors Accounts with Zero Balances
Investors Accounts never used
Depository Participants

June 10 June 11 June 12 June 13 June 14

3,432,295 4,457,661 4,639,400 4,993,967 5,527,394
2,570,659 2,678,400 2,686,783 2,645,335 2,958,353
75%
60%
58%
53%
54%
1,006,664 1,340,437 1,831,176 1,755,454 1,689,246
612, 518
687,352
562,736
650,546 826,021
951,477
300

650,611
328

292,871
345

239,335
363

443,086
376
Page | 9

Growth of Depository Participants

Securities in the CDS Issuers
Growth of Issuers entry in the CDS

10%
226
26%

9%
275
22%

5%
292
6%

5%
308
5%

4%
322
5%

Number of Shares in the CDS (in millions)

5,412

16,995

31,829

36,877

44,408

Growth of Shares in the CDS

192%

214%

87%

16%

20%

98

100%

100%

100%

100%

% of stock exchange turnover settled in the

CDS
CDBL DP List (Exchange Participant)

SL

DP Name

DP ID

Address

Chittagong Stock Exchange

Limited, Ctg

10300

CSE Building 1080 Sk. Mujib Road

Agrabad C/A, Chittagong
Phone: 031-720871, 031-720872

Chittagong Stock Exchange

Ltd., Dhaka

16500

BSEC Bhaban (7th Floor) 102 Karwan

Bazar , Dhaka
Phone: 9123023,

Chittagong Stock Exchange

Ltd., Sylhet

16600

Ananda Tower (3rd Floor) Jail Road ,

Sylhet
Phone: 0821-723090, 723184,
721213,721215

Dhaka Stock Exchange Ltd

10200

9/F Motijheel , Dhaka

Phone: 9564601, 9666940-48

CDBL DP List (Full Service Participant) as on 12th October 2014

SL
DP Name

DP ID

A. A. Securities Limited

37600

A D Holdings Limited

50300

A N F Management Co. Ltd.

25900

A N W Securities Ltd.

53000

A. K. Khan Securities Limited

50500

A.R. Chowdhury Securities Ltd.

28200

AB & Co. Ltd.

19400

AB Ispahani Securities Limited

48300

AB Securities Limited

37100

10

ABS Safdar & Co. Ltd.

22200

11

ACE Capital Management Services Limited

46600
Page | 10

12

Adams Securities Limited

38300

13

Adil Securities Ltd.

20600

14

AHC Securities Limited

49600

15

Ahmed Iqbal Hasan Securities Ltd.

26600

16

Ahmed Securities Services Limited

48600

17

AIBL Capital Market Services Ltd

42900

18

Akij Securities Ltd.

41400

19

AL Securities Limited

35000

20

Al-Haj Securities & Stocks Ltd.

22700

21

Al-haja Jahanara Securities Ltd

34600

22

Al-Muntaha Trading Co. Ltd

32100

23

Ali Securities Co. Ltd.

29600

24

Alliance Securities & Management Limited

36700

25

ALOCO Securities Ltd.

26300

26

Alpha Equities Limited

42300

27

Alpha Securities Limited

44500

28

AM Securities & Financial Services Limited

40800

29

Amin Securities & Consultants Limited

26200

30

Anchor Securities Ltd.

29500

31

Anwar Securities Limited

22000

32

Apex Investments Ltd.

20200

33

Arafat Securities

29700

34

ARC Securities Ltd.

25800

35

Arena Securities Ltd.

28500

36

Aries Securities Limited

30100

37

Asenz Securities Limited

41000

38

Asia Securities Limited

48800

39

Associated Capital Securities Limited

30800

40

Azam Securities Limited

30600
Page | 11

41

Azim Securities Ltd

48700

42

B & B Enterprise Limited

27900

43

Bali Securities Ltd.

19700

44

Banco Securities Limited

21500

45

Commerce Bank Securities and Investment Limited

30000

46

Bangladesh Shilpa Bank

19200

47

Bangladesh Shilpa Bank

24400

48

Bank Asia Limited

44900

49

Base Capital Limited

49900

50

BD Finance Securities Limited

51500

51

BD Sunlife Securities Ltd

56700

52

BDBL Securities Limited

21800

53

BE RICH LIMITED

41800

54

Beximco Securities Limited

19300

55

BLI Securities Ltd.

15000

56

BRAC EPL Stock Brokerage Limited

18200

57

BRB Securities Limited

39100

58

British Bengal Securities Limited

38200

59

Brotherhood Securities Limited

31700

60

Bulbul Securites

27500

61

C-Maart Securities Limited

35800

62

Century Securities Limited

27400

63

Chittagong Capital Limited

37900

64

Chittagong Shares & Securities Limited

32300

65

Chittagong Stock Exchange OTC Exchange DP

47400

66

Chowdhury Securities & Services

29100

67

Chowdhury Securities Ltd.

42600

68

City Brokerage Limited

45000
Page | 12

69

CMSL Securities Limited

17500

70

Coast To Coast Securities Limited

46700

71

Conmark Ltd.

34300

72

Cordial Securities Limited

34700

73

Cosmopolitan Traders (Pvt.) Ltd

57100

74

Country Stock (Bangladesh) Ltd.

16100

75

Crest Securities Ltd.

40500

76

D M R Securities Ltd.

33200

77

D. N. Securities Limited

38600

78

Daulatunnessa Equities Ltd.

41100

79

Dawn Securities Limited

21000

80

Dayton Holdings Limited

34500

81

DBL Securities Limited

16300

82

Delta Capital Ltd.

25300

83

DESA Securities Limited

39200

84

Dhaka Securities Limited

52100

85

Dhanmondi Securities Ltd.

33900

86

DLIC Securities Limited

57300

87

Doha Securities Limited

45400

88

Dragon Securities Limited

21400

89

DSE OTC EXCHANGE DP

47100

90

DSFM Securities Limited

29800

91

Dynamic Securities Consultants Limited

23700

92

E-Securities Limited

28800

93

Eastern Shares & Securities Limited

36400

94

EBL Securities Limited

19500

95

EMES Securities Limited

24600

96

Eminent Securities Ltd.

17100

97

Equity Resources Limited

18000
Page | 13

98

Ershad Securities Limited

23200

99

ETBL Securities & Exchange Limited

32500

100

Ettihad Securities Limited

38100

101

Expo Traders Limited

36000

102

Express Securities Limited

51600

103

Far East Shares & Securities Ltd

42000

104

Fareast Islami Securities Limited

57900

105

Fareast Stocks & Bonds Ltd

46900

106

Farida Raquib Securities Limited

32700

107

Federal Securities & Investment Limited

30500

108

Finvest Services Limited

43500

109

First Capital Securities Limited

44300

110

First Lead Securities Limited

37500

111

Fortune Securities (Pvt.) Limited

24100

112

G M F Securities Limited

19900

113

Galaxy Capital Ltd

48000

114

Gateway Equity Resources Limited

23800

115

Global Securities Limited

38800

116

Globe Securities Ltd

17000

117

Green Delta Securities Limited

36200

118

Greenland Equities Limited

21900

119

Habibur Rahman Securities Ltd.

20800

120

HAC Securities Ltd.

28400

121

Haji Ahmad Brothers Securities Limited

26400

122

Haji Mohammad Ali Securities Ltd.

44600

123

Hallmark Securities Limited

40200

124

Harpoon Securities Limited

39400

125

Harun Securities Limited

40000

126

Hasan Securities Limited

48200

127

Hassan Shares & Securities Limited

31300
Page | 14

128

Hazrat Amanat Shah Securities Limited

45700

129

Hedayetullah Securities Ltd.

20500

130

Hefazatur Rahman & Company Ltd

48900

131

Hillcity Securities Ltd.

18700

132

Holy City Securities Ltd

47600

133

Howlader Equity Services Ltd.

22600

134

Ibrahim Securities Ltd.

22800

135

ICB Securities Trading Co. Ltd.

31000

136

ICB Securities Trading Co. Ltd. Khulna Branch

36500

137

ICB Securities Trading Co. Ltd. Uttara.

43300

138

ICB Securities Trading Comapny Limited

15300

139

ICB Securities Trading Company Limited

39500

140

ICB Securities Trading Company Limited

27200

141

ICB Securities Trading Company Limited,

Chittagong

16800

142

ICB Securities Trading Company Limited,

Sylhet

18600

143

IDLC Securities Limited

36800

144

IFIC Securities Ltd.

43400

145

IIDFC Securities Limited

44800

146

Imtiyaz Husain Securities Limited

14800

147

Indicate Securities Consultants Ltd.

43800

148

Inter Continental Securities Limited

51000

149

International Leasing Securities Ltd.

42200

150

International Securities Co. Ltd

18500

151

Investment Promotion Services Ltd.

20100

152

Islami Bank Securities Limited

37000

153

Island Securities Limited

19600

154

ISPI Securities Ltd

47700

155

J K C Securities Ltd.

24900

156

Jahan Securities Ltd.

26100
Page | 15

157

Jalalabad Securities Ltd.

41500

158

Jamal Ahmed Securities Limited

18100

159

Jamuna Bank Securities Limited

53900

160

Joytun Securities International Limited

28000

161

Jubok Capital Management Limited

34800

162

K- Securities & Consultants Ltd

23500

163

Kabir Securities Limited

33300

164

Kazi Equities Ltd.

17300

165

Kazi Firoz Rashid Securities Ltd.

24500

166

Kazi Showeb Rashid Capital Ltd.

27800

167

KHB SECURITIES LIMITED

45200

168

Khurshid Alam Securities Limited

25600

169

Khurshid Securities Limited

26800

170

Khwaja Equity Services Ltd.

22100

171

Kishwar Security Investment Limited

47000

172

Lanka Bangla Securities Limited Banani

40300

173

Lankabangla Securities Limited

35900

174

Lankabangla Securities Ltd Nasirabad,

Chittagong

44100

175

Lankabangla Securities Ltd, Khatungonj

29900

176

LANKABANGLA Securities Ltd.

18400

177

LANKABANGLA Securities Ltd.

18300

178

Lankabangla Securities Ltd. Dhanmondi

42400

179

Latif Securities Ltd.

27000

180

Lotus Shares & Securities Ltd

49700

181

M & Z Securities Limited

33700

182

M Securities Ltd.

22500

183

M Shamsur Rahman & Co.

20400

184

M Zubair Securities Limited

28900

185

Mah Securities Limited

41200

186

MAM Securities Limited

15400
Page | 16

187

Md. Fakhrul Islam Securities Ltd.

30400

188

Md. Shahidullah Securities Limited

27600

189

Meenhar Securities Limited

17800

190

Meghna Life Securities And Investment Ltd

57800

191

Merchant Securities Limited

33100

192

Mian Abdur Rashid Securities Ltd.

41300

193

Midway Securities Ltd.

18900

194

MIKA Securities Limited

32600

195

Mirpur Securities Limited

39700

196

Mirror Financial Management Limited

37200

197

MKM Securities Limited

50400

198

Modern Equity Limited

39000

199

Modern Securities Limited

35700

200

Mohammad Talha & Co.

26900

201

Moharram Securities Limited

47500

202

Mona Financial Consultancy & Securities Ltd.

14700

203

Mondol Securities Ltd.

35300

204

Moshihor Securities Ltd.

15800

205

MTB Securities Limited

18800

206

Multi Securities & Services Limited

28300

207

Muntaha Shares & Capital Limited

49500

208

Murshed Securities Ltd.

20000

209

Nabiul Karim Securities Ltd.

41700

210

National Investment and Finance Company

Limited

22300

211

NBL Securities Limited

39800

212

NCCB Securities and Financial Services Limited 20900

213

Nexus Securities Limited

37800

214

Nizams Shares & Securities Ltd

44400

215

NLI Securities Limited

57200

216

North West Securities Ltd.

21300
Page | 17

217

Nouvelle Securities Ltd.

24700

218

Nur-E-Alam Siddique & Co Limited.

39600

219

Oasis Turner Limited

48500

220

One Securities Limited

57000

221

Oshadhi Securities Limited

38000

222

Parkway Securities Limited

15200

223

Pasha Capital Limited

37400

224

Peace Securities Limited

50100

225

Peoples Equities Ltd

43700

226

PFI Securities Ltd.

17400

227

Phoenix Securities Limited

34100

228

PHP Stocks & Securities Limited

37300

229

Pioneer Shares & Securities Limited

49800

230

Platinum Securities Limited

41600

231

Popular Equities Ltd.

14900

232

Popular Life Insurance Company Limited

46800

233

Premier Bank Securities Ltd.

45900

234

Premier Leasing Securities Limited

49300

235

Premium Securities Limited

30900

236

Prilink Securities Limited

33000

237

Prime Bank Securities Limited

50800

238

Prime Financial Consultants & Equities Ltd.

28600

239

Prime Islami Securities Limited

50000

240

Prudential Capital Ltd.

42500

241

Prudential Securities Limited

29000

242

Pubali Bank Securities Limited

34400

243

Quayum Securities Limited

26500

244

R N Trading Limited

19800

245

Raja Securities Ltd

48100

246

RAK Capital Ltd

50200
Page | 18

247

Rapid Securities Limited

19000

248

Rashid Investment Services Limited

21600

249

Rasti Securities Consultant Ltd.

33600

250

Razzak Securities Ltd.

17200

251

Reliance Brokerage Services Ltd.

38500

252

Reliance Securities Consultant Ltd

43200

253

Remons Investment & Securities Limited

26000

254

Rising Securities Ltd.

15500

255

RNI Securities Ltd.

24300

256

Rose Securities Ltd

25400

257

Royal Capital Limited

15900

258

Royal Green Securities Limited

20300

259

S & H Equities Ltd.

28100

260

S R Capital Limited

35500

261

S.B Securities Limited

40700

262

Saad Securities Limited

31500

263

Sadeque Finance Manangement Limited

49100

264

SAHCO Securities Ltd

56800

265

Salam & Company Limited

16400

266

Salta Capital Limited

16000

267

Salta Capital Limited, Dhaka

36100

268

Samin Securities Limited

29400

269

Sanmar Capital Management Limited

56200

270

SAR Securities Limited

16900

271

Saya Securities Limited

45100

272

SBC Securities & Investment Ltd.

45500

273

SCL Securities Limited

15700

274

Securities Broking and Management Services Limited 24200

275

SES Company Limited

19100

276

Shah Mohammad Sagir & Co. Ltd.

30200

277

Shahed Securities Ltd.

23000

278

Shahidul Hoque Sikder Securities Exchange Limited

36900
Page | 19

279

Shahiq Securities Ltd.

34900

280

Shahjahan Securities Ltd.

28700

281

Shahjalal Islami Bank Securities Limited

40900

282

Shakil Rizvi Stock Ltd.

15100

283

Sharp Securities Limited

31800

284

Sheltech Brokerage Limited

25500

285

Shohrab Securities & Trade Ltd.

40400

286

Shyamol Equity Management Ltd.

24000

287

SIBL Securities Limited

52000

288

Sinha Securities Limited

31400

289

SKYS Securities Limited

33400

290

Sohel Securities Limited

23900

291

South Asia Securities Ltd

23100

292

Southern Capital Limited

52300

293

Square Securities Management Ltd

15600

294

Standard Bank Securities Limited

56000

295

Sterling Stocks & Securities Limited

56900

296

Stock & Bond Limited

35100

297

Stock And Security Linkway Limited

48400

298

Subvalley Securities Limited

36300

299

Super Shares & Securities Ltd

49000

300

Surma Securities Holding Co. Limited

44700

301

Sylhet Metro City Securities Limited

39300

302

Sylnet Securities Limited

43100

303

Synthia Securities Limited

31900

304

Tamha Securities Limited

31200

305

Ten Stars (Pvt) Ltd.

40600

306

Thea Securities Limited

32800

307

Times Securities Limited

33500

308

TK Shares & Securities Ltd.

35600

309

Tobarrak Securities Ltd.

21200

310

Total Communication Ltd.

32200

311

Transcon Securities Limited

43900
Page | 20

312

Trendset Securities Limited

25700

313

Trust Bank Securities Limited

56600

314

Trustee Securities Ltd.

22400

315

TSI Securities Limited

49200

316

UCB Capital Management Limited

55900

317

UGC Securities Limited

37700

318

Unique Share Management Limited

47300

319

Uniroyal Securities Limited

17700

320

United Enterprises & Co. Ltd

47800

321

United Financial Trading Company Limited

31100

322

Uttara Bank Securities Limited

57500

323

Vantage Securities Ltd

45600

324

Vision Capital Management Ltd.

42800

325

Western Securities Investment Management Limited

29300

326

Wifang Securities Ltd.

35200

327

Youth Investment & Securities Limited

33800

CDBL DP List (Custody Participant) as on 12th October 2014

SL DP Name

DP ID

The Hongkong And Shanghai Banking Corporation Ltd

16200

Standard Chartered Bank

16700

AB Investment Limited

17600

Prime Bank Investment Limited

21100

Mercantile Bank Securities Limited

21700

Southeast Bank Ltd.

22900

Trust Bank limited

23400

ONE Bank Limited

23600

EXIM Islami Investment Limited

24800

10

Dutch Bangla Bank Limited

25000

11

IDLC Investments Limited

25100

12

Rupali Bank Limited

25200
Page | 21

13

Business & Management Co. Ltd.(BAMCO)

27700

14

Meghna Life Insurance Company Limited

29200

15

Pubali Bank Limited

30300

16

Uttara Finance & Investments Ltd.

31600

17

Peoples Leasing & Financial Services Limited

32900

18

Midas Financing Limited

34000

19

Delta Life Insurance Company Limited

34200

20

Jamuna Bank Limited

36600

21

Uttara Bank Limited

38400

22

Commercial Bank of Ceylon Ltd.

38700

23

AB Bank Limited

38900

24

Asset & Investment Management Services of Bangladesh Limited

40100

25

GSP Finance Company (Bangladesh) Limited

41900

26

CITI Bank N.A.

43000

27

Eastern Bank Limited

44000

28

Prime Finance Capital Management Limited

44200

29

SBL Capital Management Limited

45300

30

Investment Corporation Of Bangladesh

45800

31

BRAC Bank Limited

46200

32

FAS Capital Management Limited

46300

33

EC Securities Ltd

46400

34

BRAC EPL Investments Limited

46500

35

Swadesh Investment Management Limited

47200

36

IIDFC Capital Limited

47900

37

Bangladesh Mutual Securities Limited

49400

38

Phoenix Finance & Investments Limited

50600

39

MTB Capital Ltd

50700

40

Royal Green Capital Market Limited

50900

41

Agrani Equity & Investment Limited

51100

42

Jamuna Bank Capital Management Limited

51200

43

Race Portfolio & Issue Management Ltd

51300
Page | 22

44

First Security Islami Capital & Investment Ltd

51400

45

City Bank Capital Resources Limited

51700

46

Sonali Investment Limited

51800

47

AAA Consultants & Financial Advisers Limited

51900

48

Rupali Investment Limited

52200

49

NBL Capital and Equity Management Ltd

52400

50

Cosmopolitan Finance Limited

52500

51

Green Delta Capital Ltd

52600

52

CAPM (Capital and Asset Portfolio Management) Company Limited

52700

53

LankaBangla Investments Limited

52800

54

CAPM Advisory Limited

52900

55

ICB Head Office

53100

56

ICB Local Office

53200

57

ICB Khulna Branch

53300

58

ICB Barisal Branch

53400

59

ICB Bogra Branch

53500

60

ICB Chittagong Branch

53600

61

ICB Sylhet Branch

53700

62

ICB Rajshahi Branch

53800

63

Janata Capital and Investment Limited

54000

64

PLFS Investments Limited

54100

65

ICB Capital Management Limited Head Office

54200

66

ICB Capital Management Limited Chittagong Branch

54300

67

ICB Capital Management Limited Rajshahi Branch

54400

68

ICB Capital Management Limited Khulna Branch

54500

69

ICB Capital Management Limited Barishal Branch

54600

70

ICB Capital Management Limited Sylhet Branch

54700

71

ICB Capital Management Limited Bogra Branch

54800

72

ICB Capital Management Limited Uttara Branch

54900

73

ICB Capital Management Limited Gazipur Branch

55000

74

ICB Capital Management Limited Narayanganj Branch

55100
Page | 23

75

IL Capital Limited

55200

76

Southeast Bank Capital Services Ltd

55300

77

Trust Bank Investment Limited

55400

78

Alpha Capital Management Limited

55500

79

AIBL Capital Management Limited

55600

80

Banco Finance & Investment Limited

55700

81

BD Finance Capital Holdings Limited

55800

82

Sandhani Life Finance Limited

56100

83

Mutual Trust Bank Limited

56300

84

EBL Investments Limited

56400

85

BLI Capital Limited

56500

86

Unicap Investments Limited

57400

87

First Securities Services Limited

57600

88

BetaOne Investments Limited

57700

Page | 24

DHAKA STOCK EXCHANGE LTD (DSE).

The Dhaka Stock Exchange Ltd. (DSE) was established as East Pakistan Stock Exchange
Association Limited on April 28, 1954. Formal trading of the bourse began in 1956. On June 23,
1962, it was renamed as East Pakistan Stock Exchange Ltd. The name of the stock exchange was
once again changed to Dacca Stock Exchange Ltd. on May 13, 1964. The service on the stock
exchange continued uninterrupted until 1971. The trading was suspended during the liberation
war and resumed in 1976 with the change of economic policy of the government.
Since then the bourse did not look back and continued its journey contributing to the
development activities of the nation. On August 10, 1998 the DSE introduced screen-based stateof-the-art automated online real-time trading through Local Area Network (LAN) and Wide Area
Network (WAN). DSE upgraded its automated trading system on August 21, 2005. Central
Depository System (CDS) for electronic settlement of share trading made a debut on January 24,
2004 in the DSE. The Dhaka Stock Exchange became a full Depository Participant (DP) of
CDBL to facilitate the trading of its non-DP members. Government Bonds made a debut on the
DSE on 1st January, 2005. The SEC approved the Dhaka Stock Exchange Direct Listing
Regulations-2006 as proposed by the DSE which paved the way for direct listing of large and
profitable companies with the DSE which has allowed only state-owned companies. Bookbuilding method is also in operation in Bangladesh Capital Market since 2010. On June 10, 2010
DSE introduced Web-Based Trading Software-MSA Plus. DSE started DSE Broad Index
(DSEX) and DSE 30 Index (DS30) made by the world renowned institution S&P Dow Jones. On
February 18, 2013 DSE launched Bangla version of its official website. DSE transformed into a
demutualized exchange on November 21, 2013. DSE launched DSEX Shariah Index (DSES).
According to the world famouse index provider organization S&P Dow Jones index
methodology and in the superintendence of Rating Intelligence and Islamic Shariah Board, this
Shariah Index has been drawn up. New serveillance software of DSE InstantWatch was
formally commenced on February 11, 2014. DSE has entered into an agreement with NASDAQ
OMX and Flex Trade Systems to proved the world leading trading system on March 21, 2014. In
its 60-years journey the stock exchange has made significant contribution to the economy of
Bangladesh providing the unique venue to raise investment from the members of the public. The
stock exchange is in a relentless process of modernization and up-gradation of its systems and
facilities to home in latest technologies available. Over the years, the bourse has earned
confidence of the investors.

Page | 25

LIST OF DSE TREC HOLDERS

SL. No.:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

TREC
No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
37
38
39
41

Company Name
A. B. Ispahani Securities Limited
S & H Equities Limited
Shyamol Equity Management Limited
Phoenix Securities Limited
Harun Securities Limited
A. K. Khan Securities Ltd.
Apex Investments Limited
Crest Securities Ltd.
International Leasing Securities Limited
Khwaja Equity Services Limited
BRAC EPL Stock Brokerage Ltd.
Pasha Capital Ltd.
MAH Securities Limited
DMR Securities Services Ltd.
ACE Capital Management Service Ltd.
Adil Securities Ltd.
Greenland Equities Ltd.
Azam Securities Limited
BDBL Securities Ltd.
Royal Capital Ltd.
A. R. Chowdhury Securities Ltd.
Ershad Securities Limited
Vision Capital Management Ltd.
Arena Securities Ltd.
EBL Securities Limited
SAR Securities Ltd.
Sadeque Finance Management Ltd.
Kazi Firoz Rashid Securities Limited
BD Finance Securities Ltd.
ETBL Securities & Exchange Ltd.
Bulbul Securities (Bulbul Securities Ltd.)
Ibrahim Securities Limited
B & B Enterprise Limited
Rashid Investment Services Limited
Daulatunnessa Equities Limited
Quayum Securities Limited
Shahiq Securities Ltd.
Haji Ahmad Brothers Securities Ltd.
Page | 26

39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78

42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81

Rapid Securities Limited

AB & Company Limited
M-Securities Ltd.
Federal Securities And Investment Limited
SAHCO Securities Ltd.
Khurshid Securities Ltd.
Aries Securities Ltd.
Al-Muntaha Trading Co. Ltd.
Imtiyaz Husain Securities Limited
S. B. Securities Limited
M. Zubair Securities Limited
Mian Abdur Rashid Securities Limited
UGC Securities Limited
Transcon Securities Limited
Alpha Equities Ltd.
Hasan Securities Ltd.
IDLC Securities Ltd.
Green Delta Securities Ltd.
Global Securities Ltd.
NCCB Securities & Financial Services Ltd.
Reliance Brokerage Services Ltd.
Banco Securities Limited
Shahjahan Securities Limited
ASENZ Securities Ltd.
E- Securities Ltd.
Sinha Securities Limited
Popular Equities Ltd.
Mohammad Talha & Co Ltd.
First Capital Securities Ltd.
SBC Securities & Investment Ltd.
H R Securities & Investments Limited
Prudential Securities Limited
HAC Securities Limited
Multi Securities & Services Limited
Square Securities Management Ltd.
Royal Green Securities Limited
R. N. Trading Limited
PFI Securities Limited
Latif Securities Limited
Tamha Securities Limited
Page | 27

79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120

85
86
87
88
89
90
91
93
94
95
97
98
99
100
101
102
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129

Desa Securities Limited

MAM Securities Limited
Farida Raquib Securities Ltd.
Asia Securities Ltd.
Uniroyal Securities Ltd.
Md. Fakhrul Islam Securities Ltd.
Md. Sahidullah Securities Limited
Alhaj Securities & Stocks Limited
SIBL Securities Ltd.
Salta Capital Limited
Jamal Ahmed Securities Ltd.
Dhanmondi Securities Ltd.
Country Stock (Bangladesh) Ltd.
ARC Securities Ltd.
Dayton Holdings Limited
Howlader Equity Services Limited
Prime Islami Securities Ltd.
Ali Securities Co. Limited
Island Securities Ltd.
Islami Bank Securities Limited
Remons Investment & Securities Ltd.
Unique Share Management Ltd.
Ettihad Securities Ltd.
Surma Securities Holding Co. Ltd.
Nouvelle Securities Ltd.
CMSL Securities Limited
Ahmed Iqbal Hasan Securities Ltd.
Nabiul Karim Securities Limited
Murshed Securities Limited
A N F Management Company Limited
Saad Securities Ltd.
Dragon Securities Limited
Sheltech Brokerage Limited
SCL Securities Limited
K-Securities and Consultants Ltd.
Shahed Securities Ltd
ABS Safdar & Co. Ltd.
Rose Securities Ltd.
Dynamic Securities Consultants Ltd.
Doha Securities Ltd.
R N I Securities Ltd.
ICB Securities Trading Company Limited
Page | 28

121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162

130
131
132
133
134
135
136
137
138
139
140
142
143
145
146
147
148
149
151
152
153
154
155
156
157
158
159
160
162
163
164
165
166
167
168
169
171
172
173
174
175
176

Thea Securities Ltd.

Harpoon Securities Ltd.
LankaBangla Securities Ltd.
DSFM Securities Ltd.
Moshihor Securities Ltd.
Kazi Equities Ltd.
Securities Broking & Management Services Ltd.
Alliance Securities & Management Ltd.
Al-Haja Jahanara Securities Ltd.
Aloco Securities Ltd.
Hedayetullah Securities Ltd.
Midway Securities Ltd.
K.H.B. Securities Ltd.
City Brokerage Limited
Cosmopolitan Traders (Pvt.) Ltd.
Fortune Securities (Pvt.) Ltd.
Joytun Securities International Ltd.
Shakil Rizvi Stock Ltd.
AHC Securities Limited
Bangladesh Shilpa Bank.
Bali Securities Ltd.
Indicate Securities Consultants Ltd.
EMES Securities Ltd.
Standard Bank Securities Ltd.
Gateway Equity Resources Ltd.
Investment Promotion Services Limited
Peace Securities Ltd.
Anwar Securities Ltd.
Trustee Securities Ltd.
SES Company Limited (Unicap Securities Limited)
Mona Financial Consultancy & Securities Ltd.
Haji Mohammad Ali Securities Ltd.
Times Securities Limited
Khurshid Alam Securities Ltd.
Subvalley Securities Ltd.
Merchant Securities Limited
Shah Mohammad Sagir & Co. Ltd.
Tobarrak Securities Ltd.
Hazrat Amanat Shah Securities Ltd.
T. A. Khan Securities Co. Ltd.
BLI Securities Limited
Peoples Equities Ltd.
Page | 29

163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204

177
178
179
180
181
182
183
184
185
186
187
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
213
214
215
216
217
218
219
220
221

Anchor Securities Ltd.

Beximco Securities Limited
JKC Securities Ltd.
Commerce Bank Securities and Investment Ltd.
UCB Capital Management Limited
Nur-E-Alam Siddique & Company Ltd.
C-Maart Securities Limited
Razzak Securities Ltd.
Delta Capital Limited
G M F Securities Ltd.
Habibur Rahman Securities Limited
Globe Securities Limited
Salam & Company Ltd.
Eminent Securities Ltd.
IFIC Securities Ltd.
DBL Securities Limited
Parkway Securities Ltd.
Jahan Securities Ltd.
M & Z Securities Ltd.
MTB Securities Ltd.
Coast To Coast Securities Ltd.
Stock & Bond Limited
Total Communication Ltd.
AB Securities Ltd.
Prilink Securities Ltd.
NBL Securities Limited
Synthia Securities Ltd.
A. M. Securities and Financial Services Ltd.
Modern Equity Limited
United Enterprises & Co. Ltd.
Oshadhi Securities Ltd.
Mondol Securities Ltd.
Wifang Securities Ltd.
AD Holdings Limited
Pubali Bank Securities Ltd.
Mika Securities Ltd.
Sharp Securities Limited
Rasti Securities Consultant Ltd.
Nexus Securities Limited
Prime Bank Securities Ltd.
BRB Securities Limited
Shahidul Hoque Sikder Securities Exchange Ltd.
Page | 30

205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231

222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
248
249
250

A. L. Securities Ltd.
Mirror Financial Management Ltd.
Mercantile Bank Securities Limited
Shohrab Securities & Trade Ltd.
FAREAST Stocks & Bonds Ltd.
United Financial Trading Co. Ltd.
Conmark Limited
Modern Securities Ltd.
Expo Traders Ltd.
Akij Securities Ltd.
Popular Life Insurance Company Ltd.
Shahjalal Islami Bank Securities Ltd.
AIBL Capital Market Services Ltd.
PHP Stocks & Securities Ltd.
Premier Bank Securities Ltd.
Bank Asia Securities Limited
IIDFC Securities Limited
Dhaka Securities Ltd.
A N W Securities Ltd.
One Securities Ltd.
Trust Bank Securities Ltd.
DLIC Securities Ltd.
NLI Securities Ltd.
Meghna Life Securities and Investment Ltd.
BD Sunlife Securities Ltd.
Sterling Stocks & Securities Ltd.
Uttara Bank Securities Ltd.

Page | 31

CHITTAGONG STOCK EXCHANGE LTD.

Chittagong Stock Exchange Limited the first automated bourse of the country was formed and
registered under the Companies Act, 1994 on 1st April 1995 as a Public Company Limited by
guarantee and launched trading on October 10, 1995 through the cry-out trading system. The
Exchange was a non-profit organization until 20 Nov, 2013.
Within less than three years of formation, CSE introduced its computerized trading system in
June 1998, the first of its kind in Bangladesh enabling Stock dealers/brokers to trade from three
major cities viz. Dhaka, Chittagong and Sylhet on real-time basis through its wide area network
(WAN). Subsequently, the network has been further extended to nine other major cities. The
trading network has further been extended to Thana level, bringing thousands of investors to the
investment net. In 2004, CSE launched Internet Trading Services (ITS) for providing trading
facility to the investors irrespective of geographical boundary. In October 2011, CSE switched to
a new robust multi-asset-class, multi-channel trading system- the Next Generation Trading
System (NGTS), one of the fastest trading software in the world. CSE provides more userfriendly Internet and Mobile Trading services through the NGTS. In 2012, CSE launched the
Disaster Recovery Site in its Dhaka office to keep the stock trading hassle free in times of natural
catastrophes.
CSE initiated and introduced many modern concepts in Bangladesh Capital Market alongside
implementing the automated screen based trading system, Central Depository System (CDS),
Securities Training Institute, Sector wise indices, Short Selling under the regulations, over-theCounter (OTC) market etc.
In 2011 CSE established the Corporate Finance Department (CFD) to review various noncompliance issues regarding financial reporting and corporate governance by the listed
companies in CSE. This initiative would help the listed companies improve compliance in
preparing their financial statements.
On 02 May 2013, the Exchanges Demutualization Act 2013 was enacted for the purpose of
corporatization and demutualization of stock exchanges in Bangladesh. In compliance to this act
CSE submitted its Demutualization Scheme to the Bangladesh Securities and Exchange
Commission on 29 July 2013. Upon approval from Bangladesh Securities and Exchange
Commission of the Demutualization Scheme, CSE held Extra Ordinary General meeting of
shareholders on 25 October 2013 and obtained certified copy of the documents from RJSC on 21
November 2013 and became demutualized under the Exchanges Demutualization Act, 2013
transforming into a Public Company Limited by shares (a for-profit company) with effect from
21 November 2013.

Page | 32

CSE is considering introducing new products like Financial Derivatives, ETFs, establishing
Commodities Exchange and seeking the regulators nod these issues.
The principal activities of the Exchange are to conduct, regulate and control the trade or business
of buying, selling and dealing in shares, stocks, bonds, debentures, Government securities, loans
and other instruments and securities of like nature. It is engaged in disseminating information to
the investors through websites and publishing quarterly "Portfolio", monthly "Bazar Parikrama"
and other publications and organizing training programmes, seminars, workshops etc. The
Exchange is also devoted to Research and Development activities relating to capital market and
maintains its own Library, Investors Information Cell (IIC) and a Complain Cell.
CSE is committed to bringing transparency and accountability in the Bangladesh capital market.
It also works for creating strong platform for entrepreneurs raising capital.

LIST OF CSE TREC HOLDERS

SL.
No.

TREC No.

01
02
03
04
05
06
07
08
09
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27

CSE 001
CSE 002
CSE 003
CSE 004
CSE 005
CSE 006
CSE 007
CSE 008
CSE 009
CSE 010
CSE 011
CSE 012
CSE 013
CSE 014
CSE 015
CSE 016
CSE 017
CSE 018
CSE 019
CSE 020
CSE 021
CSE 022
CSE 023
CSE 024
CSE 025
CSE 026
CSE 027

TREC Holders' Name

Alpha Securities Ltd.
ISPI Securities Ltd.
Meenhar Securities Ltd.
South Asia Securities Limited
Island Securities Ltd.
Chittagong Capital Ltd.
A.K. Khan Securities Ltd.
British Bengal Securities Ltd.
TSI Securities Ltd.
Saya Securities Ltd.
First Capital Securities Ltd.
NBL Securities Limited
Brac EPL Stock Brokerage Ltd.
Stock & Security Linkway Ltd.
UCB Capital Management Ltd.
Adams Securities Ltd.
Brothers Securities & Secrvices Ltd.
B. K. Capital Management Ltd.
North West Securities Ltd.
Secure Capitals Ltd.
EBL Securities Ltd.
Salta Capital Ltd.
Azim Securities Ltd.
Uttara Exchange & Securities Ltd.
Sylhet Metro City Securities Ltd.
Jubok Capital Management Ltd.
Be Rich Limited
Page | 33

28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47

CSE 028
CSE 029
CSE 030
CSE 031
CSE 032
CSE 033
CSE 034
CSE 035
CSE 036
CSE 037
CSE 038
CSE 039
CSE 040
CSE 041
CSE 042
CSE 043
CSE 044
CSE 045
CSE 046
CSE 047

RAK Capital Ltd.

Nizam's Shares & Securities Ltd.
JIC Securities Ltd.
PHP Stocks & Securities Ltd.
A.A. Securities Ltd.
Sylnet Securities Ltd.
Pioneer Shares & Securities Ltd.
Masco Shares & Securities Ltd.
Vanguard Shares & Securities Ltd.
Hillcity Securities Ltd.
S.R. Capital Ltd.
Capital Management Ltd.
Base Capital Limited
Unity Shares Trade Ltd.
Remons Investment & Securities Ltd.
United Financial Trading Co. Ltd.
3A & Company Ltd.
ZATL Securities Ltd.
Hefazatur Rahman & Co. Ltd.
Kishwar Security Investment Ltd.

48

CSE 048

Pacific Equities Ltd.

49

CSE 049

Impel Shares & Securities Ltd.

50

CSE 050

Mirpur Securities Ltd.

51

CSE 051

MKM Securities Ltd.

52

CSE 052

E-Securities Ltd.

53

CSE 053

Royal Capital Ltd.

54

CSE 054

Habib Shares & Securities Ltd.

55

CSE 055

Prime Financial Consultants & Equities Ltd.

56

CSE 056

Kabir Securities Ltd.

57

CSE 057

National Securities & Consultants Ltd.

58

CSE 058

Eastern Shares & Securities Ltd.

59

CSE 059

Reliance Securities Consultant Ltd.

60

CSE 060

Chittagong Shares & Securities Ltd.

61

CSE 061

CMSL Securities Ltd.

62

CSE 062

Prudential Capital Ltd.

63

CSE 063

Associated Capital Securities Ltd.

64

CSE 064

Platinum Securities Ltd.

65

CSE 065

Solex Securities Ltd.

66

CSE 066

Finvest Services Ltd.

Page | 34

67

CSE 067

Super Shares & Securities Ltd.

68

CSE 068

National Brokers Ltd.

69

CSE 069

T. K. Shares & Securities Ltd.

70

CSE 070

Ahmed Securities Services Ltd.

71

CSE 071

ICB Securities Trading Co. Ltd.

72

CSE 072

Oasis Turner Ltd.

73

CSE 073

Chowdhury Securities Ltd.

74

CSE 074

Raja Securities Ltd.

75

CSE 075

Howlader Securities Ltd.

76

CSE 076

Sohel Securities Ltd.

77

Membership Forfeited

78

CSE 078

BDBL Securities Ltd.

79

CSE 079

Century Securities Ltd.

80

CSE 080

International Leasing Securities Ltd.

81

CSE 081

DBL Securities Limited

82

CSE 082

SES Company Ltd.

83

CSE 083

Abacus Securities Ltd.

84

CSE 084

Skys Securities Ltd.

85

CSE 085

Galaxy Capital Ltd.

86

CSE 086

A. M. Securities and Financial Services Ltd.

87

CSE 087

Purabi Securities Ltd.

88

CSE 088

Reliance Brokerage Services Limited

89

CSE 089

D.N.Securities Ltd.

90

CSE 090

Fazle Securities Ltd.

91

CSE 091

LankaBangla Securities Ltd.

92

CSE 092

Square Securities Management Ltd.

93

CSE 093

Holy City Securities Ltd.

94

CSE 094

Inter Continental Securities Ltd.

95

CSE 095

PFI Securities Ltd.

96

CSE 096

International Securities Co. Ltd.

97

CSE 097

Multi Securities & Services Ltd.

Page | 35

98

CSE 098

EIC Securities Ltd.

99

CSE 099

Norban Securities Ltd.

100

CSE 100

Ten Star (Pvt.) Ltd.

101

CSE 101

AB Securities Limited

102

CSE 102

Express Securities Ltd.

103

CSE 103

Mona Financial Consultancy & Securities Ltd.

104

CSE 104

Jalalabad Securities Ltd.

105

CSE 105

Pubali Bank Securities Ltd.

106

CSE 106

Paramount Securities Ltd.

107

CSE 107

N.C. Securities Ltd.

108

CSE 108

Moharam Securities Ltd.

109

CSE 109

Sanmar Capital Management Ltd.

110

CSE 110

Starport Securities Ltd.

111

CSE 111

Business Capital Shares & Securities Ltd.

112

CSE 112

Lotus Shares & Securities Ltd.

113

CSE 113

Cordial Securities Ltd.

114

CSE 114

Hassan Shares and Securities Ltd

115

CSE 115

Vantage Securities Ltd.

116

CSE 116

Megacity Securities Ltd.

117

CSE 117

Hallmark Securities Ltd.

118

CSE 118

Southern Capital Ltd.

119

CSE 119

IDLC Securities Ltd.

120

CSE 120

Western Security Investment Mgt.Ltd.

121

CSE 121

Jesco Capital Management Ltd.

122

CSE 122

Firstlead Securities Limited

123

CSE 123

Far East Shares & Securities Ltd.

124

CSE 124

Peoples Securities Ltd.

125

CSE 125

S.N. Securitioes Ltd.

126

CSE 126

Foremost Securities Ltd.

127

CSE 127

B.H. Securities Investment Services Ltd.

128

CSE 128

Amin Securities & Consultants Ltd.

Page | 36

129

CSE 129

Muntaha Shares & Capital Ltd.

130

CSE 130

Green Delta Securities Ltd.

131

CSE 131

Phoenix Securities Ltd.

132

CSE 132

NCCB Securities and Financial Services Ltd.

133

CSE 133

City Brokerage Ltd.

134

CSE 134

Shahjalal Islami Bank Securities Ltd.

135

CSE 135

Popular Life Insurance Co. Ltd.

136

CSE 136

Premier Leasing Securities Ltd.

137

CSE 137

Nurjahan Securities Ltd.

138

CSE 138

Fareast Stocks & Bonds Limited

139

CSE 139

AIBL Capital Market Services Ltd.

140

CSE 140

Mercantile Bank Securities Limited

141
142
143
144
145
146
147
148

CSE 141
CSE 142
CSE 143
CSE 144
CSE 145
CSE 146
CSE 147
CSE 148

Prime Bank Securities Limited

SIBL Securities Limited
Premier Bank Securities Ltd.
Dhaka Securities Ltd.
Prime Islami Securities Ltd.
Islami Bank Securities Ltd.
Jamuna Bank Securities Ltd.
ONE Securities Limited

Page | 37

Bangladesh Institute of Capital Market (BICM)

BGIC Tower (Gr. -3rd Floor), 34, Topkhana road, Dhaka- 1000
www.bicm.ac.bd

Bangladesh Institute of Capital Market (BICM) was established as a national institution for imparting
practical capital market education and training on July 24, 2008. The Institute is gradually emerging as a
center of excellence for professional development of capital market intermediaries and full spectrum of
market professionals through disseminating recent and updated theoretical and practical knowledge

Background of BICM
The institute fulfilled the long felt demand of market intermediaries as well as development partners. The
idea was first mooted by Chittagong Stock Exchange and a feasibility study was carried out under World
Bank managed multi-grant TA, FIRST initiative. The expatriate consultants recommended setting-up a
Securities Institute in Bangladesh for bridging the gap between the competence and skills required and
exist.Later, UNDP as well as ADB under their respective TA recommended for establishment of a
Securities Industries Development Center and a National Capital Market Institute autonomous in
nature.

Board Members and Manpower

In 2010, the government approved organogram of BICM that has similarity to a public university, at small
scale, having 97 employees including 27 faculty members. In 2013, the government also approved the
compensation structure of the institute. Under the leadership of Professor Dr. M. Khairul Hossain,
Chairman, Bangladesh Securities and Exchange Commission (BSEC) [Contact- Tel: +88-02-9563713],
the Institute has got a competent Board of Directors with a wide range of expertise representing cross
section of stakeholders that includes government, regulator, market intermediaries,exchanges, academia
and different professional bodies.
A total of 38 staff members including six faculty members and six officers have been working in the
Institute. Mr. Mohammad Abdul Hannan Zoarder, Executive President is heading the management of the
Institute. Contact -Tel: +88-02-9515771 or epbicm@gmail.com .

Infrastructural Facilities
BICM is housed at 18,508 sqft. area in the commercial hub of the city. BICM is equipped with state of the
art education and professional training facilities as well as advanced learning amenities to arrange and
organize national and international training programs, workshops, seminars and conferences. It has the
capacity to accommodate 250 participants at one go in its class rooms of different capacities, conference
room and computer lab. It also has break-away-session rooms and digital library for brain storming and
carrying out research.
To augment the Vision 2021, The Institute is equipped with latest ICT facilities. The audio-visual and
video conferencing facilities with dedicated 20 mbps fiber optics internet connection will enable the
institute to establish its linkage with institutions from home and abroad in disseminating knowledge.
BICM has the unique and enriched library of the country that is the repository of business, finance, trade,
banking, insurance, ICT, law and wide array of financial and other titles. To date, BICM has stocked over
10,000 physical books and in process of procuring e- books, videos and other learning and reference
materials. Obtaining the permission, the Institute is also contemplating to hook up its server with the elibrary of University Grant Commission, Bangladesh.

38 | P a g e

Bangladesh Institute of Capital Market (BICM)

BGIC Tower (Gr. -3rd Floor), 34, Topkhana road, Dhaka- 1000
www.bicm.ac.bd

Financing
From the year 2009-10 Government is continuously financing BICM and till date the institute has been
financed with an amount of Tk. 29.064 crore. From this funding, the cost of infrastructural facilitiesand
operational expenses of the institute has beenmet.

Academic Activities of BICM

Inauguration of Academic Activities
On 09 December 2010, Mr. Abul Maal Abdul Muhith, honorable Finance Minister, Government of the
Peoples Republic of Bangladesh inaugurated the academic activities of BICM. The government has been
extending its unflinching support to elevate the institute as a center of excellence.
Investors Education Program
To fulfill the commitment of the government of increasing awareness of general investors, BICM has been
conducting Investor Education Program at free of cost. General investors have been encouraged to
assess the financial health of the listed companies prior to making investment. To date, 2900 existing
investors and future/ potential investors have been trained on the basics of capital market investment.
Considering the increasing demand of the investors, BICM has started offering four investor awareness
programs monthly instead of two.
Specialized Courses for professionals and Market Intermediaries
Till date BICM has conducted 24 Certification Programs of different durations (two weeks to six weeks
long). A total of 508 participants have been certified on the areas of:Securities laws, Corporate
governance, Financial statement analysis, Legal drafting, International financial reporting standard,
Investment in capital market, Investment analysis and securities valuation, Trading software, Financial
journalism etc.

Future Activities of the Institute

Postgraduate Diploma Course
BICM expects to start its flagship Postgraduate Diploma Program in Capital Market in the terminal
quarter of 2014 for existing professionals of capital market and those who aspire to start their career in
the capital market.
Training on New Products of Capital Market
To implement the recent reforms taken by Government as to allowing trading of derivatives, commodities
and exchange traded fund, BICM is designing curricula and training programs on the same.
Masters in Capital Market
The institute also expects to start Masters Program on Capital Market obtaining affiliation of the
University of Dhaka.

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Bangladesh Institute of Capital Market (BICM)

BGIC Tower (Gr. -3rd Floor), 34, Topkhana road, Dhaka- 1000
www.bicm.ac.bd

Mandatory Licensing Examination

With the help of expatriate consultant engaged under ADB- TA project,BICM has designed course
materials for Mandatory Licensing Examination for Securities Market Intermediaries.If authorized by
BSEC, the institute will impart training and conduct examination on the same.
Distance Learning Programs
BICM is also preparing and equipping itself to start Distance Learning Programs at school and college
level for wide dissemination of capital market knowledge at national sphere.
Research and Knowledge Management Activities
There is paucity of research, case study and documentation on financial market in general and capital
market in particular.BICM will put maximum emphasis and invest time, energy and effortsin research and
knowledge management activitiesto bridge the gap. These activities of BICM will be aiming at setting
standards, preparing best-practice examples, assisting policy formulation and preparing guidelines to help
the stakeholders. The research outcomes, lessons of cross jurisdictional study, policy papers and
recommendations will facilitate the government and policy makers in devising policy, regulator in
formulating rules and professionals in implementation and practice.

Cooperation from Development Partners

Since there is dearth of knowledge and expertise as of new instruments viz. derivatives, futures,
commodities, exchange traded funds (ETFs), structured products, state of the art securities and
settlement system, cooperation of development partners is of utmost importance to equip faculty
members. This cooperation,in the form of technical assistance and fielding capital market experts,will
enhance and elevate the knowledge and expertise of the faculty members for enabling them to impart
quality education and training.

Bangladesh Institute of Capital Market, with the policy direction of Bangladesh government and under the
leadership of BSEC,isconfident to play a catalytic role in equipping a fair, transparent, informed and
vibrant capital market; andpoised tobe a regional hub of excellence in education, research and knowledge
management in the days ahead.

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Investment Corporation of Bangladesh

Background
In the backdrop of rapid and functional change in economic policy The Investment Corporation of
Bangladesh (ICB) was established on 01 October 1976 under The Investment Corporation of
Bangladesh Ordinance, 1976 (No. XL of 1976).The Establishment of ICB was a major step in a series of
measures undertaken by the government to accelerate the pace of industrialization and to develop a
well-organized and vibrant capital market, particular securities market in Bangladesh. ICB provides
institutional support to meet the equity gap of the companies. In view of the national policy of
accelerating the rate of savings and investment to foster self-reliant economy, ICB assumes an
indispensable and pivotal role. Through the enactment of the Investment Corporation of Bangladesh
(Amendment) Act, 200(Act No. 24 of 2000), reforms in operational strategies and business policies have
been implemented by establishing and operating subsidiary companies under ICB.
Vision
We will continue to be the leading, responsible and environment friendly financial institution operating
in such a way that our fellow competitors and the society watch, acknowledge, admire and emulate us
as a successful and model organization in the sector.
Mission
Our mission is to transform our Corporation into a responsible institution, a financial architect,
an innovative solution provider and performance leader.

Being a responsible institution created by law, we will act in accordance with the mandates of
our ordinance for fostering rapid growth of Bangladesh economy.

Being a financial architect, we will strive to establish a benchmark of values, attitudes, behavior
and commitments with earnest endeavors in generating optimum profits and growth for our
shareholders by efficient use of resources.

Being an innovative solution provider, we put emphasis on formulating total solution to foster
mobilization of all domestic and NBR savings into potential investments.

Being a performance leader, we must lead by example. We operate in the interest of our
customers, so that they can depend and have the trust on us. As employees of a leading
institution, we are committed to do everything in our power for lasting success as we move
forward.

Objectives
To encourage and broaden the base of Investments.
To develop the capital market.
To promote and establish subsidiary companies for business expansion
To mobilize
savings. To provide for matters ancillary thereto.
Business Policy
To act on commercial consideration with due regard to the interest of industry, commerce,
depositors, investors and to the public in general.
To provide financial assistance to projects subject to their economic and commercial viability.
To arrange equity support and loans for projects singly or through consortium of financial
institutions including banks.
To encourage and develop entrepreneurship in the country.
To diversify investments.
To inspire small and medium savers for investment in securities.
Page | 41