BAGERHAT CHAMBER OF COMMERCE & INDUSTRY
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DCCI Board of Directors Calls on BB Governor

28-01-2013

The Board of Directors of Dhaka Chamber of Commerce & Industry (DCCI) led by its President Md. Sabur Khan called on Governor of Bangladesh Bank Dr. Atiur Rahman at Bangladesh Bank on January 28, 2013.

During the meeting DCCI President Md. Sabur Khan thanked the Governor for establishing online banking service, bringing payment system under automation, establishing electronic fund transfer system. He also thanked him for introducing national payment switch. He proposed for awarding at least 10 highest remittance senders to the country from Bangladesh Bank. He said that a fund can be allocated for company registration for the service oriented entrepreneurs who are willing to establish their businesses abroad. He said that it will create employment and enhance foreign exchange reserve. DCCI President expressed his concern over frequent
price hike of power and energy, negative increase of import of capital machineries and raw materials and governments borrowing from banks. He urged upon Bangladesh Bank for taking business friendly policies to boost trade and commerce. He proposed to reduce interest rate on lending and spread gap. He called upon Bangladesh Bank to introduce Venture Capital Act. The DCCI President stressed on reducing source tax on profit of listed public limited company in the stock exchange in order to attract investors. He also suggested for encouraging non-listed companies to be enlisted in the stock exchange. He said that the bank interest rate on deposit should be lower. Md. Sabur Khan also proposed for single digit interest rate on lending for SME entrepreneurs.

Governor of Bangladesh Bank Dr. Atiur Rahman informed that this year Bangladesh Bank is working hard to formulate a business-friendly monetary policy. He said that the issue of bringing down the rate of interest and spread gap is in Bangladesh Banks active consideration. He also informed that under the automated cheque clearing and electronic fund transfer system Bangladesh is working to bring the existing charges down for cheques of minimum value. This will lessen unlawful transactions in the country, he emphasized.
Deputy Governors of Bangladesh Bank Abu Hena Mohd. Razee Hassan, SK Sur Chowdhury, Ms. Nazneen Sultana, Executive Directors Md. Ahsan Ullah, S M Moniruzzaman also spoke on the occasion.

DCCI Senior Vice President Nessar Maksud Khan, Vice President Absar Karim Chowdhury, Directors Khairul Majid Mahmud, KMN Manjurul Hoque, Haider Ahmed Khan, FCA, Abul Hossain, Osama Taseer, Mohd. Iftekharuddin (Naushad), Rizwan-ur Rahman, M Abu Hurairah,
Kh. Shahidul Islam, Hossain A Sikder, Alhaj Abdus Salam, Md. Shoaib Choudhury were also present in the meeting.