SCB showcases Bangladesh’s growth story to global investors

Standard Chartered Bangladesh (SCB) hosted an International Investors and Lenders Roadshow to help Bangladesh businesses build lasting relationships with leading investment and lending institutions from the Middle East, Europe, and Asia.

The roadshow was organised in collaboration with Standard Chartered’s regional Financing Solutions and Distributions Team, said a press release.

As part of the roadshow, designated speakers outlined recent business developments, shared outlooks for high-potential sectors, and showcased notable success stories in Bangladesh.

All the speakers reflected on how despite current challenges, Bangladesh has maintained steady growth while exhibiting high levels of resilience and grit.

Naser Ezaz Bijoy, chief executive officer, SCB, said, “Stable macroeconomic indicators in conjunction with strong post-pandemic recovery measures have established our nation as one of two Asian economies delivering constant growth – despite current market uncertainties.”

As part of the roadshow, Enamul Huque, managing director, Client Coverage, Head of Corporate, Commercial & Institutional Banking, SCB, shone a light on the lucrative potential of investing in and lending to various sectors, all of which have demonstrated tremendous growth in recent years.

These sectors include ready-made garments and textiles; light engineering; pharmaceuticals and active pharmaceutical ingredients (APIs); agriculture; power and energy; and the financial sector.

Virendra Dhir, head of Loan Syndicate & Distribution, South Asia, Standard Chartered spoke about the nation’s current opportunity spectrum — pointing out that Bangladesh strikes the right balance on the risk reward scale.

Muhit Rahman, managing director & head of Financial Markets, SCB reiterated that, as a market, Bangladesh is primed for great success, and is full of exciting new opportunities.

He also discussed that the nation’s external debt-to-GDP ratio is one of the lowest in the region, providing Bangladesh with sufficient room for external borrowing in foreign currency to support the country’s development agenda.

This was the first virtual iteration of Standard Chartered’s International Investors and Lenders Roadshow.

As many as 121 individuals, representing various lending organisations and institutional investment bodies from the Middle East, Europe and Asia, were present.