IDLC Securities

IDLC Securities

Coverage: Bangladesh
Inter-Horizon Securities is a securities trading company facilitating trade on the Zimbabwe Stock Exchange with a well-regarded equity research team that provides timely, accurate and unbiased views.
Location: Dhaka
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Latest articles from IDLC Securities

Macro Analysis / Bangladesh

Remittance posts record growth despite pandemic-driven global economic slowdown

Remittance increased by c10.8% in FY20 but declined by only c1.5% YoY in H2 FY20 amid COVID-19 pandemic. Driven by 2% cash incentive and normal migration activities, we have seen remittance to increase by c20% in first 8M of FY20. But in March and Ap...
IDLC Securities Shopnil Paul
Shopnil Paul @ IDLC Securities 6 July 2020
Macro Analysis / Bangladesh

Bangladesh Bank relaxes CRR requirement to improve liquidity

Bangladesh Bank (BB), the central bank, has decreased the cash reserve ratio (CRR) by 200bps for the offshore banking operation (OBO) of scheduled banks. Now, the biweekly CRR is set at 2% from an earlier level of 4% and daily CRR is 1.5% from the pr...
IDLC Securities S. M. Galibur Rahman
S. M. Galibur Rahman @ IDLC Securities 24 June 2020
Macro Analysis / Bangladesh

Bangladesh exports poised for recovery as global lockdowns ease

Bangladesh exports declined by 32.4% in 5M 2020 amid the coronavirus pandemic. In April 2020, export experienced 83% yoy de-growth, The decline in export is attributable mainly to the lockdowns in export destinations as well as in Bangladesh. The top...
IDLC Securities Shopnil Paul
Shopnil Paul @ IDLC Securities 19 June 2020
Macro Analysis / Bangladesh

Bangladesh budget: Government eyes telcos and tobacco to increase revenue

FY 21 budget expects 8.2% GDP growth, keeping the budget deficit within 6.0%.  The Finance Minister has announced the national budget worth BDT5.68 trillion (USD66.8bn) with a targeted GDP growth of 8.2% for FY 21 (compared to a provisional esti...
IDLC Securities S. M. Galibur Rahman
S. M. Galibur Rahman @ IDLC Securities 12 June 2020
Flash Report / Bangladesh

Bangladesh government to provide BDT20bn subsidy for 2-month loan interest

Bangladesh Bank (BB) published detailed instruction regarding the government's declaration of BDT20bn interest subsidy. Earlier in May, BB instructed all scheduled banks to suspend the interest income of April and May on loans and advances, and also...
IDLC Securities S. M. Galibur Rahman
S. M. Galibur Rahman @ IDLC Securities 11 June 2020
Flash Report / Bangladesh

Bangladesh regulators may allow block trades below floor price

Regulators may allow block trades below the floor price set on 19 March 2020, according to reports. However, the block trades may have a new floor price, which is lower than the existing floor price in the normal market. Note that the block trades ar...
IDLC Securities Tanay Kumar Roy
Tanay Kumar Roy @ IDLC Securities 8 June 2020