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Written by Administrator   
Wednesday, 24 December 2014 09:46

1. Issue Management: BANCO acts as “Manager to the issue” for initial floatation, issue of debentures and rights issues by companies. In this connection BFIL will:

      • Assess the company’s suitability for listing its shares and arrange for submission of necessary applications to the regulatory authority;
      • Review the capital needs of the company and advise on pricing of shares;
      • Draw up a detailed timetable and co-ordinate the activities of other professional advisers;
      • Help in drafting the prospectus and prepare the company for listing;
      • Advise on overall marketing strategy;
      • Arrange underwriting of the shares and securities;
      • Assist in appointing bankers to the issue;
      • Help in arranging trusteeship for debenture issue;
      • Advise on market conditions and the potential demand from the investment community for the company’s securities;
      • Represent the company to private and institutional investors, make presentation and arrange for placement of shares with institutions;
      • Act as the contact between the company, the regulatory authority and the stock exchanges;
      • Any other related function.

2. Underwriting: In addition to issue management, BFIL takes the responsibility of underwriting of shares both for IPO and right issue. 
3. Portfolio Management: BFIL allows opening of portfolio accounts both discretionary and non-discretionary. It allows limited credit facilities to the clients within the regulations of Bangladesh Securities of Exchange Commission.
4. Financial Service: It also provides various financial services to the clients in connection with merchant banking.