BRAC Bank Limited and CWT Asset Management Company Limited have signed a custodial services agreement, a press release said Tuesday. Under this agreement, BRAC Bank will provide custodial services to CWT Asset Management Company to operate ‘CWT – Community Bank Shariah Fund’, a new open-ended mutual fund. Tareq Refat Ullah Khan, DMD and head of corporate banking, BRAC Bank; Ms. Moniza Choudhury, MD, CWT Asset Management Company, signed the agreement on behalf of their respective organizations at the bank’s head office in the city on April 4, 2023. Md. Jabedul Alam, head of transaction banking; Khan Muhammad Faisol, senior manager; transaction banking; BRAC Bank, and Ms. Tasnim Hadi Shamma, investment analyst; and Ms. Tasnim Tabassum Tore, investment analyst, CWT Asset Management Company, were also present.
