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BRAC Bank to provide custodial services to Blue-Wealth Assets

Friday, 13 May 2022


BRAC Bank Limited and Blue-Wealth Assets Limited have signed a Custodial Services Agreement. This agreement enables BRAC Bank Limited to provide custodial services to Blue-Wealth Assets to operate 'Blue-Wealth 1st Balanced Fund', a new open-ended mutual fund. Tareq Refat Ullah Khan, DMD & Head of Corporate Banking, BRAC Bank Limited; and Md. Tajul Islam, Managing Director & CEO, Blue-Wealth Assets Limited; signed the agreement on behalf of their respective organizations at the bank's Head Office in Dhaka recently. Khan Muhammad Faisol, Senior Manager; and Md. Azmul Hasan Jahid, Associate Relationship Manager from the Transaction Banking team of BRAC Bank Limited, and Sohel Hoque, Chief Compliance Officer; and Mubashir Ahmed, Manager, Operations & Fund Management of Blue-Wealth Assets Limited; were also present at the ceremony.
— Statement