PBIL joins forces with EDGE for capital market growth

Prime Bank Investment Limited (PBIL) has entered into a memorandum of understanding (MoU) with EDGE Research & Consulting Limited (EDGE), an investment research and advisory firm, to deliver comprehensive investment banking services to a broad spectrum of institutional clients.

The agreement was signed at PBIL's headquarters in the capital's Banani today, according to a press release.

Syed M Omar Tayub, managing director and CEO of PBIL, remarked that the partnership with EDGE will lay the foundation for both parties to jointly serve a diverse clientele, including corporates, startups, and institutional investors.

He noted that the alliance will enable an expansive suite of services—ranging from IPOs, private equity, and corporate bonds to mergers and acquisitions, FDI advisory, and capital structuring—offering enhanced value through innovative financial strategies.

Asif Khan, chief executive officer of EDGE, expressed his enthusiasm about the collaboration, emphasising its potential to contribute to the development of the capital market.

He highlighted that the integration of EDGE's research expertise with PBIL's executional strength will yield impactful outcomes for clients.

This strategic collaboration signifies the shared commitment of PBIL and EDGE to elevate investment banking services in Bangladesh and promote capital formation in the country's financial ecosystem, the press release added.