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Women are playing a significant role in capital raising activities for the country's trade and business by operating nearly 25 per cent of the Beneficiary Owners (BO) accounts of the capital market, reports BSS.
According to the Central Depository of Bangladesh Limited (CDBL) data, the current number of women and men investors in the country's capital market is 1,762,162. The number of male investors was 1,331,569 while the number of female investors 430,593 on February 2 of this year in two types of BO accounts.
"We put so much emphasis on women's empowerment in this country, and such empowerment can only be materialised with financial independence," Bangladesh Securities and Exchange Commission (BSEC) Commissioner Dr Rumana Islam told BSS.
She informed that BSEC has a department dedicated to creating financial awareness about the capital market known as the Financial Literary Department (FLD).
"FLD has a particular focus on female investors. Our experience shows that one of the reasons why women in our country feel reluctant to participate in the capital market is their financial illiteracy. With this financial illiteracy, they can overcome misconceptions and fears about the capital market," she added.
To overcome this, Rumana said, BSEC arranges free training sessions specially designed for women investors on a regular basis.
Similar kinds of training sessions are also arranged in collaboration with other financial institutions and subsidiary bodies under BSEC, she added.