Bangladesh, Oct. 4 -- The state-run Investment Corporation of Bangladesh (ICB) has considered expanding trading services across the country to generate additional income to overcome its financial woes.

As per a proposal approved by the ICB board of directors, separate trading wings will open at the branches of the ICB's corporate sponsors- state-run banks. ICB will execute trades at those wings on behalf of their sponsors in exchange for brokerage commission.

The banks will launch trading in their branches on receiving an approval from the central bank.

Initially, the brokerage services will be introduced at the branches in divisional headquarters.

ICB's Managing Director Niranjan Chandra Debnath confirms that the proposal has already...