Chittagong Stock Exchange (CSE)

Country
Bangladesh
Number of listed companies
288
Domestic market capitalization
41,028 million US$
SSE Partner Exchange

Yes

Has annual sustainability report

No

ESG reporting required as a listing rule

No

  • Listed Companies have to report on Corporate Governance Code (CGC) of the Bangladesh Securities and Exchange Commission in their Annual Reports.
  • Environmental issues are reported to The Department of Environment, Ministry of Environment, Forest and Climate Change.
  • Bank Companies have to report on Corporate Social Responsibilities (CSR) in their Annual Reports under Bangladesh Bank (central bank) guideline.
Has written guidance on ESG reporting

No

Offers ESG related training
Market covered by sustainability-related index

No

Has sustainability bond listing segment

No

Has SME listing platform

No

  • A new platform for SMEs is under development
Additional information
  • Listed Companies have to report on compliance with conditions of Corporate Governance Guidelines of the Bangladesh Securities and Exchange Commission in their annual Financial Reports.
  • Corporate Governance Code have been available since 2018
Organizational model of stock exchange
  • Incorporated as a limited company in 1995
  • Demutualized in 2013
  • Registered as a Public Limited Company after demutualization under Companies Act, 1994. The Board, headed by elected Chairman from the Independent Directors, consist of 13 members comprising 7 Independent Directors, 5 Shareholder Directors including 1 Strategic Investor and the Managing Director.
Regulatory model
  • CSE activities are regulated by its own Memorandum & Articles of Association, regulations and by laws along with the rules, order and notifications of the Bangladesh Securities and Exchange Commission (BSEC) (Source)
About the stock exchange
Location: Chittagong, Bangladesh
  • Chittagong Stock Exchange is one of the highly automated and sophisticated bourses of Bangladesh. CSE commenced its operation in 1995 and in 2013 it was converted into a demutualized Exchange. We are a fast progressing frontier market in South Asia with a transformational business plan to accommodate new products and services. CSE Next Generation Trading System (NGTS) supports multi asset class and multi-channel trading facilities.
  • CSE is an affiliated member of the World Federation of Exchanges (WFE), the founding member of the South Asian Federation of Exchanges (SAFE) and a member of the OIC Member States’ Stock Exchanges Forum, through which it maintains wide exposure to international and regional exchanges.
Ownership of Exchange (Shares >4% only) Share