J.P. Morgan opens Bangladesh representative office

In an effort to offer more cash management, trade and liquidity products to financial institution clients, J.P. Morgan opens a representative office in Bangladesh.

J P Morgan announced yesterday that it is opening a Bangladesh representative office to provide financial institution clients with enhanced banking services

For J P Morgan, which first began servicing its financial institution clients in Bangladesh with a US dollar demand deposit account for Pubali Bank in 1973, the new operation represents a key step in building the firm’s presence in Bangladesh The office will provide greater access to its array of cash management, trade and liquidity products and services, with a focus on cross-border payments and trade finance

The new operation will be headed by Sazzad Anam, head of financial institutions, Bangladesh, J P Morgan Treasury Services Anam, who has approximately 10 years of...

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