The New Nation - Internet Edition

BUSINESS REPORT

Trust Bank Limited, Sunday enlisted AB Bank Foundation, a top brokerage house of Dhaka Stock Exchange (DSE) for transaction of securities in the country's two bourses.

In this regard, an agreement was signed between the two banks for launching operations of securities through the Dhaka and the Chittagong Stock Exchanges.

Kaiser A Chowdhury, president and managing director of AB Bank Ltd, and Iqbal U Ahmed, managing director of Trust Bank Ltd, signed the agreement on behalf of their respective companies in the city.

Sajedur Seraj, vice chairman of board of directors, Faruq M Ahmed, deputy managing director, of AB Bank Ltd, Ishtiaque Ahmed Chowdhury, deputy managing director and Md Ahsan Ullah, senior vice president and head of Merchant Banking, of Trust Bank Ltd, among others, were present at the agreement signing programme.

Trust Bank's agreement with the AB Foundation as one of its brokerage houses will help the former to operate its securities in the Dhaka Stock Exchange and the Chittagong Stock Exchange more smoothly, the officials said. Both AB Bank and Trust Bank are listed banks in the country's stock market.