EBL Securities PLC.

EBL Securities PLC. (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 PLC.(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.

Regulatory Information

  • Regulatory Status: Public Limited Company, TREC-holder of both the stock exchanges of Bangladesh (DSE and CSE)

Md Rashadur Rahman Ratul ... (+3)
  • Md Rashadur Rahman Ratul
  • Mohammad Rehan Kabir
  • Rayhan Ahmed

EBLSL Yearly Market Update 2025 and Outlook 2026

The capital market is expected to exhibit a year of resurgence in 2026 from the current bottom rock, driven by optimism centering on political clarity and favorable macroeconomic tailwinds. On the monetary front, liquidity conditions are expected to improve as the central bank will likely aim at easing monetary policy by reducing interest rates, which should accelerate private-sector credit growth, reinvigorate subdued capital investment, improve profitability of companies, and restore overall b...

Md Rashadur Rahman Ratul
  • Md Rashadur Rahman Ratul

Equity Note on BSRM Steels Limited (BSRMSTEEL)

Founded in 1952, BSRM Steels Limited (BSRMSTEEL) is the largest manufacturer of construction-grade steel in Bangladesh. The company operates integrated melting and re-rolling mills to produce various grades of MS billets, which are processed into high-quality MS rods and wire rods and marketed under established brands such as Xtreme 500W, Xtreme DWR, Xtreme CWR, Ultima 420D, Maxima 500, etc.

Rayhan Ahmed
  • Rayhan Ahmed

Equity Note on Bank Asia PLC. (BANKASIA)

Bank Asia PLC. (BANKASIA) one of the leading 2nd generation private commercial banks that is serving its customers through its 131 branches, 15 sub-branches, 4 SME service centers, 5039 agent outlets and 5 Islamic Banking windows spread across Bangladesh. BANKASIA acquired the business operations of the Bank of Nova Scotia in 2001 and Muslim Commercial Bank Ltd (MCB) in 2002. The bank also has an Off-shore Banking Unit (OBU) located at Chittagong.

Rayhan Ahmed
  • Rayhan Ahmed

Equity Note on IDLC Finance Ltd. (IDLC)

IDLC Finance Limited (IDLC) is the is the first and largest non-banking financial institution in Bangladesh. was established in 1985 and started leasing business from 1986. In 1997 it expanded its activities into “short term finance” (factoring of accounts receivables and work order financing) and “real estate finance”. It also started car loan and personal loan services to individuals in 2004 and 2007 respectively.

Rayhan Ahmed
  • Rayhan Ahmed

Equity Note on MJL Bangladesh PLC (MJLBD)

MJL Bangladesh PLC. (MJLBD) operates as a leading fuel and gas company, primarily engaged in blending, importing and selling of lubricants. The company holds the exclusive right to blend and distribute ExxonMobil-branded lubricant products in Bangladesh. In addition to its core lubricant business, the company is also involved in LPG importing, bottling, distributing, and cylinder manufacturing through its subsidiaries.

Md Rashadur Rahman Ratul ... (+3)
  • Md Rashadur Rahman Ratul
  • Mohammad Rehan Kabir
  • Rayhan Ahmed

EBLSL Yearly Market Update 2025 and Outlook 2026

The capital market is expected to exhibit a year of resurgence in 2026 from the current bottom rock, driven by optimism centering on political clarity and favorable macroeconomic tailwinds. On the monetary front, liquidity conditions are expected to improve as the central bank will likely aim at easing monetary policy by reducing interest rates, which should accelerate private-sector credit growth, reinvigorate subdued capital investment, improve profitability of companies, and restore overall b...

Md Rashadur Rahman Ratul
  • Md Rashadur Rahman Ratul

Equity Note on BSRM Steels Limited (BSRMSTEEL)

Founded in 1952, BSRM Steels Limited (BSRMSTEEL) is the largest manufacturer of construction-grade steel in Bangladesh. The company operates integrated melting and re-rolling mills to produce various grades of MS billets, which are processed into high-quality MS rods and wire rods and marketed under established brands such as Xtreme 500W, Xtreme DWR, Xtreme CWR, Ultima 420D, Maxima 500, etc.

Rayhan Ahmed
  • Rayhan Ahmed

Equity Note on Bank Asia PLC. (BANKASIA)

Bank Asia PLC. (BANKASIA) one of the leading 2nd generation private commercial banks that is serving its customers through its 131 branches, 15 sub-branches, 4 SME service centers, 5039 agent outlets and 5 Islamic Banking windows spread across Bangladesh. BANKASIA acquired the business operations of the Bank of Nova Scotia in 2001 and Muslim Commercial Bank Ltd (MCB) in 2002. The bank also has an Off-shore Banking Unit (OBU) located at Chittagong.

Rayhan Ahmed
  • Rayhan Ahmed

Equity Note on IDLC Finance Ltd. (IDLC)

IDLC Finance Limited (IDLC) is the is the first and largest non-banking financial institution in Bangladesh. was established in 1985 and started leasing business from 1986. In 1997 it expanded its activities into “short term finance” (factoring of accounts receivables and work order financing) and “real estate finance”. It also started car loan and personal loan services to individuals in 2004 and 2007 respectively.

Rayhan Ahmed
  • Rayhan Ahmed

Equity Note on MJL Bangladesh PLC (MJLBD)

MJL Bangladesh PLC. (MJLBD) operates as a leading fuel and gas company, primarily engaged in blending, importing and selling of lubricants. The company holds the exclusive right to blend and distribute ExxonMobil-branded lubricant products in Bangladesh. In addition to its core lubricant business, the company is also involved in LPG importing, bottling, distributing, and cylinder manufacturing through its subsidiaries.

A K M Arif Uzzaman Arif Uzzaman ... (+3)
  • A K M Arif Uzzaman Arif Uzzaman
  • Md Rashadur Rahman Ratul
  • Rayhan Ahmed

EconoInsights_Monthly Economic and Capital Market Overview_August 2025

Bangladesh’s economy is demonstrating signs of gradual recovery following a period of turbulence driven by the pandemic, the Russia–Ukraine war, and domestic political upheaval culminating in a regime transition. This rebound is largely supported by rising exports, strong remittance inflows, and stable foreign exchange reserves, which have eased pressure on the country’s macroeconomic front. Furthermore, the recent favorable US tariff deal is expected to sustain export momentum, while the announ...

A K M Arif Uzzaman Arif Uzzaman ... (+3)
  • A K M Arif Uzzaman Arif Uzzaman
  • Md Rashadur Rahman Ratul
  • Rayhan Ahmed

EconoInsights_Monthly Economic and Capital Market Overview_June 2025

Bangladesh’s economy is navigating a challenging landscape, with provisional GDP growth for FY’25 estimated at a sluggish 3.97%—a three-decade low excluding the pandemic—reflecting a slowdown in economic activity amid a post-regime transition. Despite these challenges, signs of gradual recovery are emerging, supported by rising exports, increased remittance inflows, and stabilized foreign exchange reserves, which have eased pressure on the country’s balance of payments. Additionally, the recent ...

Rayhan Ahmed
  • Rayhan Ahmed

Review of Bangladesh National Budget FY 2025-26 by EBLSL Research

Bangladesh government has declared the national budget for Fiscal Year (FY) 2025-26 with an expenditure estimation of BDT 7,900.0 billion (6.2% YoY growth) depending on expected revenue collection of BDT 5,640.0 billion (71.4% of total expenditure) and borrowing of BDT 2,260.0 billion (28.6% of total expenditure) from internal and external sources. The proposed budget focuses on maintaining macroeconomic stability—particularly by keeping inflation in check through prudent fiscal measures—strengt...

Rayhan Ahmed
  • Rayhan Ahmed

EconoInsights_Monthly Economic and Capital Market Overview_May 2025

Bangladesh’s economy is navigating a challenging landscape, with provisional GDP growth for FY’25 estimated at a sluggish 3.97%, closely aligning with forecasts from global development partners. This reflects a slowdown in economic activity amid a post-regime transition; while prevailing political uncertainty continues to weigh on the country’s recovery process. Despite these challenges, the economy is showing signs of gradual recovery, supported by rising exports, increased remittances and stab...

Rayhan Ahmed
  • Rayhan Ahmed

EconoInsights_Monthly Economic and Capital Market Overview_April 2025

The economy of Bangladesh has been navigating a challenging post-regime transition; while prevailing political uncertainties pose further challenges to the country’s recovery process. However, recent improvements on the macroeconomic front—such as growing exports, rising remittances, stabilized foreign exchange reserves and potential foreign funding inflows— have helped ease some pressure on the country's balance of payments, providing a cautious optimism for a gradual rebound from the ongoing m...

Md. Asrarul Haque
  • Md. Asrarul Haque

Equity Insight on the ACME Laboratories Limited (ACMELAB)

Acme Laboratories Ltd. (ACMELAB) is the manufacturer and marketer of Generic Pharmaceutical Formulations products in Bangladesh.

Md. Asrarul Haque
  • Md. Asrarul Haque

Investment Opportunities in Bangladesh Power Sector 2021

The country’s power generation capacity has witnessed a boost in past decade riding on short-term costly projects, however, no significant progress yet observed in intermediate & long-term projects. The government provides attractive policy support for local and foreign investment in power sector including long term tax exemptions, easy capital gain and dividend repatriation, duty free machineries import etc. The government has been subsidizing power sector for years. The government provided...

Arif Abdullah
  • Arif Abdullah

Government Securities of Bangladesh_Brief overview and challenges in a...

  Trading of Government Securities (G-Sec) in Bangladesh commenced on October 10, 2022, on the DSE platform. However, G-Sec trading on DSE has yet to gain momentum. In this report, we provide a brief overview of Bangladesh's Government Securities and examine the challenges that stand in the way of achieving vibrant trading of G-Sec on the DSE.

A K M Arif Uzzaman Arif Uzzaman
  • A K M Arif Uzzaman Arif Uzzaman

A Review of the Islamic Mutual Funds in Bangladesh

The Islamic mutual fund industry in Bangladesh started its journey with the launch of country’s first Islamic mutual fund, named 'IFIL Islamic Mutual Fund-1', a closed-end fund floated by ICB Asset Management Company Limited in 2010. Subsequently, in 2016, Asian Tiger Capital Partners Investments Limited launched Bangladesh’s first open-end Islamic mutual fund named "ATC Shariah Unit Fund". At present, there are 14 open-end Islamic mutual funds and 4 closed-end Islamic mutual funds operating in ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch