Background of BDBL Securities Ltd
BDBL Securities Ltd (BSL) is constituted by acquiring and taking over membership
No.20 of Dhaka Stock Exchange Ltd. (held by erstwhile Bangladesh Shilpa Rin Sangastha
now BDBL) and membership No.78 of Chittagong Stock Exchange Ltd. (held by erstwhile
Bangladesh Shilpa Bank now BDBL) and membership No. 78 of Chittagong stock Exchange
Ltd. (Held by erstwhile Bangladesh Shilpa Bank now BDBL). Bangladesh Bank approved
the formation of the said company on January 11, 2011 and thereafter, approval for
raising paid up capital was accorded by Securities & Exchange Commission on April
03, 2011. After completion of all regulatory requirements, the company was incorporated
May 23, 2011 with the Registrar of Joint Stock Companies & Firms (RJSC). The vendor's
agreement was signed on 17-07-2011 between the BDBL and BSL for transfer of membership
of DSE & CSE. It is worthwhile to mention here that the Board of Directors of Dhaka
Stock Exchange Ltd. at its 639th meeting held on October 25, 2011 approved the transfer
of the DSE share (DSE membership#20). Stock broker and Stock dealer license has
been issued by the Securities & Exchange Commission on January 18, 2012. The company
started its business on March 01, 2012 soon after the completion of formalities
with Central Depository Bangladesh Limited. (CDBL). On the other hand, the Company
will start trading under Chittagong Stock Exchange within a very short period of
time. The company is expected to provide a high level professional and personalized
service to its clients by maintaining strong moral and ethical practices and effective
presence in the capital market.