Do NRB(s) can invest in share market through BRAC EPL Stock Brokerage Ltd?
• Yes, we have the strong setup in channeling NRBs funds into our capital market. By investing in the capital market the NRBs can get the following benefits: • 10% of all issued IPO are reserved for NRB – may be increased very soon for at least very large issues • No Capital Gains tax • Minimum 60% of ICB NRB Mutual Funds are reserved for NRB’s (Last one advertised on 11th April, 2008) • Can also trade in the secondary capital market while abroad either by nominee or personally by phone calls, fax, email etc. – remember, the buy sale order will have to be faxed in within 24 hours in account is operated personally.
