Dhaka, April 8 -- Bangladesh Bank has stretched the deadline for its special fund set up to support stock market investments by banks, pushing the fund's validity until Dec 31, 2026.

Initially, the fund, amounting to Tk 2 billion, was set to expire in February 2025.

This initiative was introduced in February 2020 with a five-year term to encourage long-term investment in the capital market.

In a notification issued on Tuesday, the central bank announced the extension, providing banks with the opportunity to continue contributing to the fund until 2026.

The fund was primarily established as part of a long-term plan to stabilise the stock market by offering banks special liquidity and policy support.

The notification said the decision ...