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‘Insurance companies have to enter share market’

A K Azad : risingbd.com
     
Publish on: 2019-09-15 4:46:46 PM     ||     Updated: 2019-09-16 10:06:43 AM

Staff Correspondent: Finance Minister AHM Mustafa Kamal said that the insurance companies have yet not entered the share market, they will have to enter the stock market within next three months.

The Minister said this in a meeting with chairmen and managing directors (MD) of insurance companies held at NEC conference room in the capital’s Shere Banglanagar on Sunday.

He said, “The companies were also given time earlier to enter the share market, but they did not respond. Now they are given three months again. They must have to enter the stock market within next three months.”

“Every citizen of the country will have to come under insurance. Because, not only people, animals are also brought under insurance. So, we should take initiatives to keep role in economic development,” he added.

risingbd/Dhaka/September 15, 2019/Hasib/AKA