Saturday, March 21, 2009

IFIC Bank and Trast Bank sponsoring Mutual Fund

Important News-IFIC [Mar 18 2009 11:32AM]

IFIC Bank Ltd. has informed that its Board of Directors has decided to sponsor a Mutul Fund titled 'IFIC Bank 1st Mutul Fund' for Tk 100 crore, wherein Bank's stake as sponsor will be Tk 25 crore.The fund will be launched subject to approval of SEC. 

Important News-TRSTB [Mar 18 2009 11:53AM]

Trust Bank Ltd. has informed that its Board of Directors has decided to sponsor a Mutul Fund titled 'Trust Bank 1st Mutul Fund' for Tk 200 crore, wherein Bank's stake as sponsor will be Tk 40 crore. The fund will be launched subject to approval of SEC. 

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