Its disaster recovery site effectively backed up electronic operations on Sunday
Central Depository Bangladesh Ltd (CDBL) has managed a fire incident at its head office in the capital well, without any disruption to its capital market trading and settlements services.
Its disaster recovery site backed up electronic operations on Sunday, though it has yet to restart its computers at its head office in Karwan Bazar's BDBL Bhaban.
"Following the fire coming under control in the morning, our people have been assessing the damage and looking for ways to resume activities at the head office as early as possible," said CDBL Managing Director Shuvra Kanti Choudhury, FCA.
Everything is under insurance coverage, he said.
He assured users that until the resumption of head office computers, the backup server network will keep supporting CDBL activities without any trouble.
CDBL is the lone depository service provider to the capital market in Bangladesh. It safely keeps electronic securities and for that it needs to exchange the everyday data of shareholding and settled trades with market entities.