of bangladesh icb type statutory corporation industry merchant banking mutual fund financial services investment banking founded 1976 under investment corporation of bangladesh ordinance 1976 headquarters bdbl bhaban level 14 8 dit avenue motijheel dhaka 1000 bangladesh key people dr. mojib uddin ahmed chairman ; md. iftikhar uz zaman managing director services investment banking wealth management portfolio management 1 subsidiaries icb capital management ltd. icml icb asset management company ltd. iamcl and icb securities trading company ltd. istcl website www.icb.gov.bd investment corporation of bangladesh icb bengali is a statutory company of government of the people s republic of bangladesh established on 1 october 1976 under no. 40 of investment corporation of bangladesh ordinance 1976 . it is mainly an investment bank operating in bangladesh established to accelerate the pace of industrialization and to develop a sound securities market in bangladesh . classification of shareholders as on 30 june 2013 shows that government of the people s republic of bangladesh holds 27 % of the shares of icb 1 and it is enlisted in dhaka and chittagong stock exchanges . contents 1 subsidiaries 2 investment corporation of bangladesh bill 2014 3 milestones of investment corporation of bangladesh icb 4 see also 5 references subsidiaries edit after twenty four years of establishment the company has brought reform in its strategy and policy for conducting commercial activities by forming and managing several subsidiary companies under the investment corporation of bangladesh amendment act 2000 the act no. 24 of 2000 . 2 the companies are 1 icb capital management ltd. icml 2 icb asset management company ltd. iamcl and 3 icb securities trading company ltd. istcl . investment corporation of bangladesh bill 2014 edit in july 2014 a bill titled investment corporation of bangladesh bill 2014 was placed by finance minister abul maal abdul muhith in parliament aiming to encourage investment in the country develop the capital market and collect savings . the move comes as the government looks to have a functional icb ordinance in place after the investment corporation of bangladesh ordinance 1976 was declared illegal due to its issuance during the military regime 1975 1981 . therefore this bill is aimed to replace the investment corporation of bangladesh ordinance 1976 . 3 4 milestones of investment corporation of bangladesh icb edit cl milestones date establishment commencement 1 establishment of icb 1 october 1976 2 lnvestors scheme 13 june 1977 3 icb chittagong branch 1 april 1980 4 first icb mutual fund 25 april 1980 5 icb unit fund 10 april 1981 6 icb rajshahi branch 9 february 1984 7 second icb mutual fund 17 june 1984 8 third icb mutual fund 19 may 1985 9 icb khulna branch 10 september 1985 10 icb sylhet branch 15 december 1985 11 fourth icb mutual fund 6 june 1986 12 fifth icb mutual fund 8 june l987 13 sixth icb mutual fund 16 may 1988 14 icb barisal branch 31 may 1988 15 icb as the country s nodal dfi in sadf 7 may 1992 16 seventh icb mutual fund 30 june l995 17 eighth icb mutual fund 23 july 1996 18 icb bogra branch 6 october 1996 19 icb local office dhaka 15 april 1997 20 purchase of own land with building rajarbag 11 december 1997 21 participation in equity of sarf 16 january 1998 22 advance against icb unit certificates scheme 12 october 1998 23 lease financing scheme 22 april 1999 24 the investment corporation of bangladesh amendment act 2000 6 july 2000 25 registration of the three subsidiary companies with the registrar of joint stock companies and firms 5 december 2000 26 icb capital management ltd. 1 july 2002 27 icb asset management company ltd. 1 july 2002 28 icb securities trading company ltd. 13 august 2002 29 registration as a trustee with sec 20 august 2002 30 registration as a custodian with sec 20 august 2002 31 bank guarantee scheme 21 june 2003 32 advance against icb mutual fund icb amcl unit certificates scheme 21 june 2003 33 consumers credit scheme 15 february 2004 34 venture capital financing scheme 26 april 2007 35 purchase of land agargaon 3 march 2008 36 commencement of management of equity and entrepreneurship fund eef 1 june 2009 37 launching of tk . 50 bilion bangladesh fund 5 may 2011 38 finalization icb s building design 12 april 2012 39 new centre for in house training 28 june 2013 40 icb rules pssed in parliament july 2014 see also edit bangladesh bank list of banks in bangladesh dhaka stock exchange chittagong stock exchange bangladesh securities and exchange commission references edit capital market . bangladesh bank central bank of bangladesh . archived from the original on 20 may 2015 . retrieved 30 october 2014 . national encyclopedia of bangladesh banglapedia . investment corporation of bangladesh . en.banglapedia.org . retrieved 30 october 2014 . star business report the daily star 4 july 2014 . a new ordinance for icb on way . the daily star . transcom media . retrieved 30 october 2014 . unb report unb news 1 september 2014 . investment corporation of bangladesh bill tabled . retrieved 30 october 2014 . retrieved from https en.wikipedia.org w index.php title investment corporation of bangladesh & oldid 737922598 categories companies established in 1976government corporationsinvestment bankscompanies of bangladeshhidden categories articles containing bengali language text navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 5 september 2016 at 21 14 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view