Bank & Insurance

Sonali Bank invests Tk 500 cr to make share market viable, sustainable

Published : 10 Nov 2021 08:57 PM | Updated : 12 Nov 2021 10:56 AM

Sonali Bank Limited has invested Tk 500.00 crore in the Investment Corporation of Bangladesh (ICB) to boost and sustain the country’s share market. 

Sonali Bank has been playing an important role in the capital market by financing its own company Sonali Investment Limited as well as the state-owned Investment Corporation of Bangladesh from time to time.  

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Asked about the role of investment in the capital market, Sonali Bank Limited Deputy Managing Director Md. Mazibur Rahman said that adequate investment is inevitable for the development of the country and its one of the sources of this investment is capital market. 

He added that without development of capital market, implementation of long term and big projects of the country is almost impossible. Therefore, Sonali Bank has been playing an active role in various ways to make the share market sustainable.

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