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BASIS, PBIL unite fo facilitate ICT sector’s access to capital market

Thursday, 7 December 2023


In a pioneering collaboration, the Bangladesh Association of Software and Information Services (BASIS), the leading trade-body of the ICT industry, and Prime Bank Investment Limited (PBIL), a leading investment bank, have joined forces to catalyze access to the capital market for ICT sector of Bangladesh.
This trailblazing initiative, unveiled recently at the BASIS premises, marks a pivotal moment as both organizations commit to trend-setting initiatives aimed at facilitating 'Access to Capital Market' for BASIS members.
A Memorandum of Understanding (MoU) to this effect was signed in the presence of leaders including Russell T. Ahmed, President, BASIS, Hashim Ahmed, Secretary, BASIS, Syed M Omar Tayub, Managing Director & CEO, PBIL, and Khandoker Raihan Ali, FCA, Chief Operating Officer, PBIL.
Prime Bank Investment Limited (PBIL), a fully-fledged Investment Bank and a subsidiary of Prime Bank PLC, is set to provide advisory services to BASIS member companies under this groundbreaking agreement. As a frontrunner in the investment banking landscape, PBIL will extend its expertise in Fund-Raising through Equity and Debt Capital, Corporate Advisory, and Portfolio Management services for stock market investment.