StanChart offers depositary participant services
Standard Chartered Bank has recently launched depositary participant services for its retail customers, says a press release. Osman Morad, chief executive officer of Standard Chartered Bank handed over the first two welcome packs to two of the priority customers in a simple ceremony held at the head office at Gulshan, Dhaka. Under the DP services, customers of the bank will be able to open BO (beneficiary owner's) account with CDBL (Central Depository Bangladesh Ltd), dematerialise shares and securities, carry out transactions in the accounts with proper instruction, and receive bonus entitlements.
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