Market Status: Closed
  Monday, 22 Oct '18
   09:10:27 (BST)

Dhaka and Chittagong Stock Exchanges agreed to form a new Clearing House

CSE and DSE Board had a joint meeting on today 16 May, 2018 at DSE premises to finalize the formation of CCBL. It is decided that the new company of CCBL (Center Counterparty Bangladesh Limited) will be formed within one week with 45% shares of DSE (Dhaka Stock Exchange Ltd.), 20% shares of CSE (Chittagong Stock Exchange Ltd.), 15% shares for Banks, 10% stake for CDBL (Central Depository Bangladesh td.) and rest 10 % shares for Strategic Investor. The issue is approved unanimously with the consent of all DSE board members. DSE board members and CSE Director Md. Sayadur Rahman and CSE Dhaka Office In-Charge Mr. Md. Ghulam Faruque were also present at the meeting. DSE Chairman Prof. Dr. Abul Hashem, Director Mr. Rakibur Rahman and Director Mr. Minhaz Mannan Emon played proactive role to settle the issue. In the meantime, CSE Chairman DR. A. K. Abdul Momen congratulated the DSE Chairman Prof. Dr. Abul Hashem and its board members for honoring CSE's request to accommodate 20% shares for CSE of CCBL. And Dr. Momen also congratulated the DSE Board and its Chairman for successful agreement with the Chinese Consortium. For Details Tania Sr. Officer Cell:01760745736

| May 16, 2018 |