Bangladesh RMG & Textile Industry Review 2018-19

Published by

EBL Securities
Published on

May 28, 2019
Industries

RMG and Textile

Textile sector in Bangladesh is comprised of two divisions. They are- Primary Textile Sector (PTS) and export oriented Ready Made Garments (RMG). Over last 35 years (from 1983-84 to 2017-18), CAGR of RMG export was 21.71% where CAGR of export was 11.50%. In the recent concluded financial year, contribution of RMG sector to the total export was 83.49%, showing YoY 8.76% growth. Total employment in the RMG factories is about 4 million. The number of RMG factories is increasing slowly over the years making more employment opportunities. In 2017-18, total number of factories was 4,560 where the number was 4,482 in 2016-17.

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EBL Securities

EBL Securities Ltd. (EBLSL) is one of the fastest growing full-service brokerage companies in Bangladesh and a fully owned subsidiary of Eastern Bank Limited. EBLSL is also one of the top five leading stock brokerage houses of the country.

EBLSL has developed a disciplined approach towards providing capital market services, including securities trading, margin loan facilities, depository services, foreign trading facilities, Bloomberg Terminal, online trading facilities, research services, panel brokerage services, trading through NITA for foreign investors & NRBs etc.

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