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Bangladesh Finance Capital launches investment tool for small investors

Staff Correspondent
17 Nov 2022 00:00:00 | Update: 17 Nov 2022 01:22:07
Bangladesh Finance Capital launches investment tool for small investors
Bangladesh Finance’s Managing Director Md Kyser Hamid speaks at a press meet in the capital on Wednesday – Courtesy Photo

Bangladesh Finance Capital has launched a new investment tool called ‘BLUE-SIP’ for the capital market investors especially the periphery level investors.

An investor can avail of the newly launched scheme by depositing only Tk 3,000 per month.

Under this scheme, shares with good fundamental base would be purchased every month and the successive purchases would later help investors earn healthy profits at the year end.

An expert panel of Bangladesh Finance Capital would operate the process. The duration of the package would be from three to 10 years.

To this end, Bangladesh Finance Capital held a media brief at the Capital Market Journalists’ Forum (CMJF) headquarters in the capital on Wednesday.

Addressing the event, Bangladesh Finance’s Managing Director Md Kyser Hamid said, “In a bid to convert savings into investment, Bangladesh Finance Capital has come up with a systematic investment plan namely BLUE-SIP for the periphery level savers.”

“The capital market is a risky place, and the small investors do not have enough knowledge about the market. There are very few professional services for catering to them. So, Bangladesh Finance Capital has brought the BLUE-SIP for the common investors.”

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