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May 2020

Bangladesh: Govt approves 60% foreign equity in firms

Source: Asia Insurance Review | May 2013

With an aim to attract FDIs into the Bangladesh insurance market, the Bank and Financial Division of the Ministry of Finance of the Bangladesh Government has fixed the FDI limit in Bangladesh's insurance sector at 60% of the paid-up capital in any insurance company, thereby giving the foreign investor a controlling stake in the company.

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