Central Depository Bangladesh Limited(CDBL) was incorporated as a public limited company on August 2000 to operate and maintain the Central Depository System(CDS) of Electronic Book Entry, recording and maintaining securities accounts and registering transfer of securities; changing the ownership without any physical movement or endorsement of certificates and execution of transfer instruments. Bangladesh Securities and Exchange Commission has issued a Certificate to CDBL on December 23, 2003 for starting depository business as a depository.
A depository is like a bank for shares instead of money. Instead of holding shares in the form of certificates, investors have accounts in the depository and are able to move securities and settle stock exchange transactions by an electronic update of their accounts.
The core service of a depository is the efficient delivery, settlement and transfer of securities through a computerized book entry system. For more details please contact-
Central Depository Bangladesh Ltd
BDBL Bhaban(18th Floor)
12 Kawran Bazar, Dhaka-1215, Bangladesh
Te: 9138024, 9137405, 9137469, 0171536352, 011804900
Fax: 880-2-8124630 Email: firstname.lastname@example.org