EconoInsights_Monthly Economic and Capital Market Overview_March 2024
Bangladesh's major economic indicators have shown resilience in recent times, defying the prevailing adversities. Exports crossed the USD 5 billion mark for three consecutive months, which is providing a cushion to the much-needed fiscal space, while the country’s GDP grew at an estimated 6.07% in the first quarter of FY’24 despite challenges like high inflation, dwindling foreign exchange reserves, financial account deficits, and exchange rate volatility. However, the World Bank downgraded Bangladesh's growth projection for the current fiscal year to 5.6%, citing adverse impacts from global economic challenges in the latest edition of its flagship publication Global Economic Prospects.
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.
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