Prime Bank, CDBL sign agreement
Prime Bank Limited has signed an agreement with the Central Depository Bangladesh Limited (CDBL), the service provider of the Central Depository System, to dematerialise its paper shares.Under the deal, CDBL will convert paper shares of the bank into electronic ones, says a press release. Shah Md Nurul Alam, managing director of Prime Bank, and MH Samad, managing director and chief executive officer of CDBL, signed the agreement on behalf of their organisations. M Shahjahan Bhuiyan, additional managing director, Nasiruddin Ahmed, deputy managing director, and Md Anowarul Islam Khan, senior vice-president and secretary to the board of Prime Bank, were also present at the signing ceremony.
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