34908-014: BAN: CENTRAL DEPOSITORY BANGLADESH LIMITED

Project Data Sheet (PDS): Overview

Description

The current delivery, settlement and transfer procedures are handled manually and plagued by lengthy delays, risks of damage, loss, forgeries, duplication and considerable investment in time and capital. The establishment of a Central Depository Company would not only minimize these problems, but also assist in the development of the capital market. By having a central depository in place, the credibility of the country's Stock Exchange in the eyes of the prospective foreign investors is ... Read More

Country Bangladesh
Borrower/Equity Investment Name
Project Number 34908-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7177
Approval Date 15 Aug 2002
Geographical Location Dhaka, Bangladesh
Sector Finance
Subsector Money and capital markets
Safeguard Categories Environment: C

 

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