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BB appoints BRAC Bank, Pubali Bank as primary dealers for govt securities
The Bangladesh Bank (BB) has appointed BRAC Bank PLC and Pubali Bank PLC as Primary Dealers (PDs) for government securities.
The decision follows approval from the Ministry of Finance (Financial Institutions Division) dated April 29, 2026, said a BB circular issued today.
The two banks have been authorized to operate as primary dealers for a period of three years, effective from the first working day of May 2026.
The central bank stated that the enlistment has been made under the “Guidelines for Enlistment and Operations of Primary Dealers in Government Securities, 2025 (Amended).”
It further noted that the authorization will not be permanent and will remain subject to annual performance evaluations, after which it may be renewed or cancelled by the authorities.
The move is aimed at strengthening the management of public debt and improving efficiency in the primary market for government securities through authorized financial institutions, reports BSS.
Copies of the authorization letters have also been sent to the Governor of Bangladesh Bank and the Chairman of Primary Dealers Bangladesh Limited (PDBL) for necessary action.