"The economy and the capital market have reached a stage where quality investment banking services would be appreciated by the market players. Therefore, this is the appropriate time to enter the market with a first mover advantage."
NDB Capital was formed by the NDB Group acquiring a controlling stake in Capital Market Services Limited, a licensed merchant bank in Bangladesh in February 2009. NDB has not said how much it paid for the 77.8 percent equity stake in the merchant bank.
"NDB Group is of the view that there would be opportunities for corporate advisory services such as feasibility studies leading to fund raising, restructuring, diagnostic studies and mergers and acquisitions," NDB said in a statement.
NDB offers securitisat