Report
Rayhan Ahmed

EconoInsights_Monthly Economic and Capital Market Overview_June 2024

The economy of Bangladesh has been enduring tough times, although overall GDP growth has been projected to remain stable at 5.8%, according to BBS’s provisional estimate for the current fiscal year. Export proceeds remained subdued, while the financial account deficit nears USD 10 billion, exerting continuous pressure on the country’s external balance amidst persistently high inflation, dwindling foreign exchange reserves and spiraling foreign debt repayment costs. However, the recent approval of the third tranche of the IMF's loan package worth USD 1.15 billion is expected to provide some cushion for the country's much-needed fiscal space. 

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

Other Reports from EBL Securities Ltd.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch