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词条 Investment Corporation of Bangladesh
释义

  1. Subsidiaries

  2. Investment Corporation of Bangladesh Bill, 2014

  3. Milestones of Investment Corporation of Bangladesh(ICB)

  4. See also

  5. References

{{EngvarB|date=April 2017}}{{Use dmy dates|date=April 2017}}{{Infobox company
|name = Investment Corporation of Bangladesh (ICB)
|logo = Icb-logo.png
|type = Statutory Corporation
|industry = Merchant banking, Mutual fund, Financial services, Investment Banking
|founded = {{Start date and age|df=yes|1976}}
|key_people = Dr. Mojib Uddin Ahmed, Chairman; Md. Kazi Sanaul Hoq, managing director
|hq_location = BDBL Bhaban (Level 14-21), 8, Rajuk Avenue, Motijheel
|hq_location_city = Dhaka
|hq_location_country = Bangladesh
|area_served =
|products =
|services = Investment Banking, Wealth Management, Portfolio Management[1]
|subsid = ICB Capital Management Ltd. (ICML), ICB Asset Management Company Ltd. (IAMCL), and ICB Securities Trading Company Ltd. (ISTCL)
|homepage = {{URL|icb.gov.bd}}
}}

Investment Corporation of Bangladesh (ICB) ({{lang-bn|বাংলাদেশ বিনিয়োগ সংস্থা}}) is a statutory corporation of Government of the People's Republic of Bangladesh, established on 1 October 1976 under No. 40 of Investment Corporation of Bangladesh Ordinance, 1976. It is mainly an investment bank operating in Bangladesh, established to accelerate the pace of industrialization and to develop a sound securities market in Bangladesh. ICB is one of the largest investors in share market of Bangladesh. Investing in share market, providing loans and advances, acting as manager/trustee/custodian of mutual funds are some of main activities of ICB. It's the most successful state-owned corporation of Bangladesh in terms of profitability. Classification of shareholders, as on 30 June 2013, shows that Government of the People's Republic of Bangladesh holds 27% of the shares of ICB   and it is enlisted in Dhaka and Chittagong stock exchanges.

Subsidiaries

After twenty-four years of establishment, the company has brought reform in its strategy and policy for conducting commercial activities by forming and managing several subsidiary companies under the Investment Corporation of Bangladesh (Amendment) Act, 2000 (the Act No. 24 of 2000).[2]

The companies are: (1) ICB Capital Management Ltd. (ICML), (2) ICB Asset Management Company Ltd. (IAMCL), and (3) ICB Securities Trading Company Ltd. (ISTCL).

Investment Corporation of Bangladesh Bill, 2014

In July 2014, a bill titled Investment Corporation of Bangladesh Bill, 2014 was placed by Finance Minister Abul Maal Abdul Muhith in parliament aiming to encourage investment in the country, develop the capital market and collect savings. The move comes as the government looks to have a functional ICB ordinance in place after the Investment Corporation of Bangladesh Ordinance, 1976 was declared illegal due to its issuance during the military regime (1975–1981). Therefore, this bill is aimed to replace the 'Investment Corporation of Bangladesh Ordinance, 1976'.[3][4]

Milestones of Investment Corporation of Bangladesh(ICB)

CLMilestonesDate/Establishment Commencement
1Establishment of ICB1 October 1976
2lnvestors'Scheme13 June 1977
3ICB Chittagong Branch1 April 1980
4First ICB Mutual Fund25 April 1980
5ICB Unit Fund10 April 1981
6ICB Rajshahi Branch9 February 1984
7Second ICB Mutual Fund17 June 1984
8Third ICB Mutual Fund19 May 1985
9ICB Khulna Branch10 September 1985
10ICB Sylhet Branch15 December 1985
11Fourth ICB Mutual Fund6 June 1986
12Fifth ICB Mutual Fund8 June l987
13Sixth ICB Mutual Fund16 May 1988
14ICB Barisal Branch31 May 1988
15ICB as the country's Nodal DFI in SADF7 May 1992
16Seventh ICB Mutual Fund30 June l995
17Eighth ICB Mutual Fund23 July 1996
18ICB Bogra Branch6 October 1996
19ICB Local Office, Dhaka15 April 1997
20Purchase of own Land with Building (Rajarbag)11 December 1997
21Participation in Equity of SARF16 January 1998
22Advance Against ICB Unit Certificates Scheme12 October 1998
23Lease Financing Scheme22 April 1999
24"The Investment Corporation of Bangladesh (Amendment)Act, 2000"6 July 2000
25Registration of the three Subsidiary Companies with the Registrar of Joint Stock Companies and Firms5 December 2000
26ICB Capital Management Ltd.1 July 2002
27ICB Asset Management Company Ltd.1 July 2002
28ICB Securities Trading Company Ltd.13 August 2002
29Registration as a Trustee with SEC20 August 2002
30Registration as a Custodian with SEC20 August 2002
31Bank Guarantee Scheme21 June 2003
32Advance Against ICB Mutual Fund/ICB AMCL Unit certificates scheme21 June 2003
33Consumers Credit Scheme15 February 2004
34Venture Capital Financing Scheme26 April 2007
35Purchase of Land(Agargaon)3 March 2008
36Commencement of management of Equity and Entrepreneurship Fund (EEF)1 June 2009
37Launching of Tk. 50 Billion Bangladesh Fund5 May 2011
38Finalization ICB's Building Design12 April 2012
39New Centre for In-House Training28 June 2013
40The Investment Corporation of Bangladesh-2014, Act Passed on parliamentJuly 2014

See also

  • Bangladesh Bank
  • List of banks in Bangladesh
  • Dhaka Stock Exchange
  • Chittagong Stock Exchange
  • Bangladesh Securities and Exchange Commission

References

1. ^{{cite web |title=Capital Market |url=http://www.bangladesh-bank.org/fnansys/capmarket.php |website=Bangladesh Bank, Central Bank of Bangladesh |archive-url=https://web.archive.org/web/20150520052952/http://www.bangladesh-bank.org/fnansys/capmarket.php |archive-date=20 May 2015 |accessdate=30 October 2014}}
2. ^{{cite web|last1=National Encyclopedia of Bangladesh|first1=Banglapedia|title=Investment Corporation of Bangladesh|url=http://en.banglapedia.org/index.php?title=Investment_Corporation_of_Bangladesh|website=en.banglapedia.org|accessdate=30 October 2014}}
3. ^{{cite news|last1=Star Business Report|first1=The Daily Star|title=A new ordinance for ICB on way|url=http://www.thedailystar.net/business/a-new-ordinance-for-icb-on-way-31672|accessdate=30 October 2014|work=The Daily Star|agency=Transcom Media|date=4 July 2014}}
4. ^{{cite news|last1=UNB Report|first1=UNB News|title=Investment Corporation of Bangladesh Bill tabled|url=http://www.unb.com.bd/investment-corporation|accessdate=30 October 2014|date=1 September 2014}}

8 : Investment banks|Financial services companies of Bangladesh|Government corporations|Government-owned companies of Bangladesh|Financial services companies established in 1976|Holding companies established in 1976|1976 establishments in Bangladesh|Investment in Bangladesh

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