BRAC Bank Limited and BMSL Asset Management Company Limited have signed a custodial services agreement, a press release said Saturday. The agreement will enable BRAC Bank to provide custodial services to BMSL to operate ‘BMSL National Housing Growth Fund’, a new open-ended mutual fund. Tareq Refat Ullah Khan, DMD and head of corporate banking, BRAC Bank; and Md. Mahmud Himal, MD of BMSL; signed the agreement on behalf of their respective organizations at the bank’s head office in the city on January 25, 2023. Md. Jabedul Alam, head of transaction banking; Khan Muhammad Faisol, senior manager, transaction banking team of BRAC Bank; and AKM Shamsudduha (Sharif), director, & Mirajus Salakeen, AVP and head of compliance of BMSL, were also present.
