BRAC Bank Limited and Sandhani Asset Management Limited have signed a custodial service agreement.

The agreement enables BRAC Bank Limited to provide custodial services to Sandhani Asset Management to operate ‘Sandhani AML SLIC Fixed Income Fund’, a new open-ended mutual fund, said a press release.

Md Jabedul Alam, Head of Transaction Banking, Khan Muhammad Faisol, Senior Manager, Md Azmul Hasan Jahid, Associate Relationship Manager from the Transaction Banking team of BRAC Bank Limited, and Md Tanvir Islam, Chief Investment Officer, Avik Podder, Senior Officer of Sandhani Asset Management Limited were also present on the occasion.