BANK INVESTMENT IN CAPITAL MARKET

the commercial banks should not be allowed to invest more than 25 per cent, in any form, of their total equity capital in the share market.

A bank is now allowed to invest in capital market up to an amount, not exceeding 10 per cent of its total liabilities.

"We've taken the latest move to protect the depositors' interest," a senior official of the Bangladesh Bank (BB) told the FE, adding that the central bank has released a 32-page amendment proposal of the Bank Company Act 1991 for seeking opinions from the members of the public.

He also said any interested individual can submit his/her opinions to the general manager of Banking Regulation and Policy Department (BRPD) of the central bank through e-mail or by normal post by September 15.