Dhaka, Bangladesh (BBN)- BRAC Bank has introduced a new investment solution for its high net-worth individual guests styled WEALTHmax.
The solution was unveiled to the customers of the bank recently at a local hotel by Syed Mahbubur Rahman, Managing Director and Chief Executive Officer of the private commercial bank.
WEALTHmax is a Portfolio Management Solution in brought to the bank's customers in association with BRAC EPL, the merchant banking subsidiary of BRAC Bank.
The country's stock market has grown more than double in the last 3 years. Although a number of retail customers have been involved in the capital market, this is the first time a bank has moved into offering a structured solution to this customer base.
Industry experts see this move positive as this will provide access to capital market investment opportunities through a structured and managed approach - which only reiterates the stability and investment opportunity that the market holds.
BBN/SI/AD-11Aug10-10:30 am (BST)