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AFFIN Bank to distribute PMB Investment's unit trust funds

AFFIN Bank Bhd. entered into an agreement with Islamic fund management company PMB Investment Bhd. to distribute and promote the latter's unit trust funds, Bernama reported Oct. 16.

Under the memorandum of understanding, AFFIN Bank will distribute and market six PMB Investment unit trust funds through its bank branches in Malaysia.

AFFIN Islamic Bank Bhd. will serve as a distribution channel for these products.