LankaBangla Investments Ltd (LBIL) officially launched a monthly investment scheme ‘LankaBangla Nishchinto’ for the retail investors, especially those who have limited knowledge on the capital market yet want to gain higher return on their investments. The launching ceremony was held at the Samson H Chowdhury Centre of Dhaka Club in the capital on Monday.
Explaining the key features of the new product, Managing Director of Capital Market Operations of LankaBangla Mohammed Nasir Uddin Chowdhury said, LankaBangla Nishchinto offers investors opportunity to deposit a minimum of Tk 3,000 every month, which will be invested in a structured manner in capital market in order to ensure maximum return. With this monthly investment scheme, an investor will get tax rebate based on the existing rules prevailing in Bangladesh.
Moreover, the hassle free deposits using Electronic Transfer/Auto Debit facility make the product more flexible, he added.
Acting Managing Director of LankaBangla Finance Ltd Khwaja Shahriar said, “LankaBangla Nishchinto is an innovative solution to our investment needs. It will allow investors to gain high returns from the capital market on regular savings”
“Capital market investments carry some risk but the risk can be minimised with investment knowledge and proper research, which would protect the hard earned money of investors,” said CEO of LankaBangla Investments Khandakar Kayes Hasan in his welcome speech.
Management Trainee Officer of LankaBangla Investments Ahnaf Saber presented a keynote paper about the product ‘LankaBangla Nishchinto’.
He said “LankaBangla Nishchinto’ is not a money doubling or gambling scheme. We have designed the product in such a way that our focus will be towards generating a return above 12 per cent per annum”
“Our target is to invest in high potential stocks and transactions will be backed by strong investment rationale” he also added.
Distinguished guests and journalists from electronic and print media attended the launching ceremony programme.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.