2024-06-30 20:38:48
Jamuna Financial institution Plc, an organization listed within the banking sector within the capital market, will open a brand new subsidiary. It will likely be a wealth administration firm. 100% of which can be owned by Jamuna Financial institution.
On Sunday (June 30), this info was revealed on the web site of Dhaka and Chittagong Inventory Alternate (DSE-CSE).
Earlier, within the 449th assembly of the Board of Administrators of Jamuna Financial institution held on Thursday (June 27), a coverage determination was taken relating to the institution of the asset administration firm.
The choice of the board can be efficient topic to the consent of the shareholders and the approval of the regulatory physique.
If this determination to determine an asset administration firm is carried out, the financial institution’s presence within the capital market will enhance. Presently, the financial institution has a brokerage home named Jamuna Financial institution Securities Restricted and a service provider financial institution named Jamuna Financial institution Capital.
Jamuna Financial institution plc was listed within the capital market in 2006. Its paid up capital is Tk 882 crore. 45.65 % of the entire shares of the financial institution to its entrepreneurs-shareholders and administrators. Institutional traders maintain 4.81 % stake. And 49.34 % shares are held by its widespread shareholders.