‘StanChart should sell Bangladeshi bonds to NRBs’

Bangladesh Bank governor Dr Atiur Rahman on Thursday recommended that British bank Standard Chartered should engage in selling different Bangladeshi bonds in the international market, particularly to the non-resident Bangladeshis living abroad.

“We want you to move a step further so that the NRBs, who are living all around the world, should have the access to investment in Bangladesh… They can be able to buy the premium bonds online sitting on their own desk instead of coming to Bangladesh embassies,” he told a function celebrating the 110^th anniversary of Standard Chartered at its Gulshan office in the city.

The function was also addressed by British High Commissioner in Bangladesh Robert W Gibson and Bangladesh CEO of Standard Chartered Abrar M Anwar.

The governor said Bangladesh has already set up a secondary bond market and Standard Chartered can easily manage the online selling of the government bonds to the NRBs.

Dr. Atiur also thanked the British bank for its strong role in supporting women entrepreneurship in Bangladesh and for support of investment promotion, particularly financing large-scale infrastructure projects in the country.

-UNB