Report
Rayhan Ahmed

Bank Sector Performance and Earnings Update 2023 & Q1‘24

The shift to a market-driven interest rate regime by abolishing the SMART reference rate is considered to be a major development for the Bank sector in 2024, allowing further improvement in the interest rate spread, while banks diverting more funds to Treasury securities are also witnessing a boost in their investment income amidst rising interest rates in the money market.

Let's take a glance at the current scenario of the Banking sector of Bangladesh and how the listed banks performed in 2023 and Q1 of 2024, along with the ratings assigned by EBLSL Research based on their performances.

Provider
EBL Securities Ltd.
EBL Securities Ltd.

EBL Securities Ltd. (EBLSL) is one of the fastest growing full-service institutional brokerage companies in Bangladesh. On top of our expertise and achievements, we take pride in our strong commitment towards excellent client services and development of the Bangladesh capital markets.

EBLSL is a fully owned subsidiary of Eastern Bank Limited (EBL), one of the leading private commercial banks of Bangladesh. EBLSL is one of the TOP-10 brokerage companies of Bangladesh.

We have unwavering faith in the potential of Bangladesh. We also believe that an efficient, vibrant and transparent capital market can strongly contribute to the overall development of Bangladesh. Bangladesh is currently at the initial stage of capital market growth, and we are committed to assist the entry of early movers into a growth-oriented, vibrant, nascent emerging market.

EBLSL has developed a disciplined approach towards providing capital market services. The foundation for our business is a strong commitment towards market experience & professionalism, investment knowledge, market intelligence and research services.

Analysts
Rayhan Ahmed

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