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Summit Bank and Atlas Asset Management Limited (AAML) have joined hands to distribute mutual funds of AAML through Summit Bank's branches across the country. "Under the Financial Institutions Cash Management arrangement, Summit Bank will distribute the mutual funds," Acting President and CEO, Summit Bank, Muhammad Zahir Ismail said in a press conference after the signing ceremony of the agreement.
Through this venture, 'Atlas Asset Management', an asset management company with diversified and secured funds, will offer investors growth-potential and capital appreciation to help plan medium to long term future needs. "The agreement with Summit Bank is a part of our effort to expand our reach to investors. Our quality products would now be available to the customers of Summit Bank across the country. And with our superior fund performance and efficient customer service, we will be able to add value to the customers of the bank," said AAML, CEO, M. Habib-ur-Rahman.-PR

Copyright Business Recorder, 2011

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