Dhaka: Finance Minister AMA Muhith on Thursday assured that there would be no more sliding down in the stock markets of the country.

The finance minister also said fraudulence and syndicate also won’t be able to fall down the bourses in the future.

Muhith came up with these assertions while addressing in the inaugural ceremony of annual ‘Business Conference, 2014’ of Bangladesh Development Bank Limited (BDBL) in a city hotel.

The ruling Awami League lawmaker also said, “We have initiated radical rectifications since the fall down in 2010. We have changed laws and regulations in this connection.”

He added: “Implementation of full demutualization has been started but we did not force anyone about it.”

With BDBL chairman Professor Shanti Narayan Ghosh in the chair, the programme was also, addressed, among others by state minister for finance affairs Abdul Mannan and banking secretary Dr M Aslam Alam.

BDST: 1829 HRS, FEB 27, 2014