BANGLADESH: 100% Bangladesh foreign investment permitted in insurance undertakings

Wednesday March 13 2013

Media reports have stated that 100% Bangladesh foreign investment permitted in insurance undertakings, foreign nationals can now invest in Bangladeshi insurers with no limit on the procurement or retention of shares, under the new rules issued by the government. Currently there are 62 domestic insurance companies in Bangladesh, all without foreign partners.

This information will be updated as further details become available.