Dhaka, March 9 -- In a major move to boost investor confidence, Bangladesh Bank has simplified the process for foreign investors to transfer shares and repatriate sale proceeds from non-listed public and private limited companies.

The central bank issued a comprehensive master circular (EID Circular No. 01), consolidating and updating regulations from 2018 and 2020 to create a more predictable, efficient, and transparent exit mechanism for non-resident investors.

Prashanta Kumar Mondal, Public Relations Officer of the Bangladesh Investment Development Authority (BIDA), shared the details in a press release on Monday.

Under the new guidelines, Authorized Dealer (AD) banks have been granted significantly more power to process transaction...