NRBC Bank inks deal with ICB Asset Management
Golam Awlia, managing director of NRBC Bank, and Mahmuda Akhter, chief executive officer of ICB Asset Management Company, exchange documents of an agreement on open-end mutual funds at the bank’s head office in Dhaka recently. PHOTO: NRBC Bank
NRBC Bank recently signed an agreement with ICB Asset Management Company Limited (IAMCL) to sell the latter's 15 open-end mutual funds as a sales representative.
Golam Awlia, managing director and CEO of the bank, and Mahmuda Akhter, chief executive officer of IAMCL, inked the deal to this end at the bank's head office in Dhaka, said a press release.
For all latest news, follow The Daily Star's Google News channel. "We are ensuring the safeguard of public deposits through transparency and accountability. We expect investors will benefit from this agreement with ICB Asset Management," said Awlia.
"NRBC Bank is providing services through more than one and a half thousand service points across the country. We will work with NRBC Bank to make the public more interested in mutual funds," said Hossain.
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