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“Floor Price was given for Investors’ safety”

investors

BSEC: Bangladesh Securities and Exchange Commission Chairman Prof. Shibli Rubayat-Ul-Islam told, ‘We are progressing hard to protect investors. That’s why the floor price were given. If floor price is raised, it will be good for many people.

Whatsoever, compared to the situation in other global markets, we are doing the primary work for the safety of investors.

Prof. Shibli Rubayat-Ul-Islam said these things in the president’s speech at the investment education program at Momo Inn Hotel and Resort in Nowdapara, Bogra on Saturday (March 18).

BSEC Chairman said, we are sincerely trying to protect investors. Banks are closing in countries like America and Switzerland. The government is changing one by one there. England and France are on strike in many places. The airport is closed due to a strike in Germany. In this uncertain situation, we are in a good position in the capital market and banking sector.

He also said, in the future, more large investments and savings will be needed in this country. all in all we are very optimistic. We will do everything as a regulator when it is necessary in this market. here we have no opponent. No one is stopping us here. Everyone is helping us, starting from the Prime Minister’s office. So now we need positive mind participation. Through participation, if the transaction increases, the secondary market will be vibrant.

Regarding long-term investment and finance, he said, the only source of long-term investment and long-term finance is the stock market. That has not been happening for years. We are working on it. If you need long-term finance, you will turn to the capital market. Talked with the governor yesterday. He has repeatedly said that long-term investment responsibilities are largely transferred to the capital market. So our long-term investment, long-term finance, long-term loan and long-term return should only be towards the capital market.

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