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BRAC Bank inks custodial agreement with Delta Capital

Bangladesh-based BRAC Bank Ltd. signed a custodial agreement with stock brokerage Delta Capital Ltd.

Under the agreement, the bank will offer custodial services to Delta Capital's foreign clients who plan to invest in Bangladesh's capital market, according to a Jan. 18 release.

In addition, Delta Capital will introduce the bank to potential foreign custodial clients, as well as provide the lender's clients with brokerage services.