Owners

Owners

The Depository Regulation, 2000 requires that the sponsors of any depository are:

• a financial institution;
• a bank;
• a stock exchange;
• a body corporate established or formed under any law;
• a company listed with any stock exchange; or
• any other national or international institution specified by the commission.

Accordingly the stake holders of CDBL, numbering over 103 institutions, are :

• Nationalised Commercial Banks;
• Private Commercial Banks
• Foreign Commercial Banks;
• Insurance Companies;
• Dhaka Stock Exchange;
• Chittagong Stock Exchange;
• Investment Corporation of Bangladesh;
• Listed Companies;

This wide spread of ownership demonstrates the support of the financial market in Bangladesh for the development of a Central Depository System (CDS).