BMBA hails budget reforms to deepen and revitalise capital market

Terming the national budget as timely and pragmatic, Bangladesh Merchant Bankers Association (BMBA) has vowed to work sincerely to build a sustainable and investment-friendly ecosystem, and support the implementation of the government's reform initiatives

In a press release issued on Wednesday, signed by BMBA Secretary General Sumit Poddar said the measures adopted in the FY2026�"27 national budget to foster an investment-friendly environment will play a significant role in strengthening the capital market and restoring investor confidence.

According to the statement, the government's forward-looking policy measures are expected to attract fresh investment to the capital market, enhance market depth and stability, and contribute positively to the country's long-term economic growth.

BMBA particularly welcomed the budgetary measures, including extended tax incentives for Initial Public Offerings (IPOs), tax benefits for zero-coupon bonds, dividend-related tax facilities, incentive measures for the banking sector, and the rationalization of the tax structure for mutual funds.

The association expressed special appreciation to the government and relevant policymakers for introducing these investor-friendly reforms, saying they would help create a more vibrant and resilient capital market.

BMBA also reaffirmed its commitment to working closely with all stakeholders to modernize Bangladesh's capital market, build a sustainable and investment-friendly ecosystem, and support the implementation of the government's reform initiatives.