PBIL, Korean chamber to boost investment, capital market access

Prime Bank Investment PLC (PBIL) has signed a memorandum of understanding (MoU) with the Korea Bangladesh Chamber of Commerce and Industry (KBCCI) to enhance capital market access for KBCCI members and facilitate potential Korean investment inflows into Bangladesh.

Under the agreement, PBIL will offer KBCCI members a range of investment banking and capital market solutions, including advisory services, capital-raising support, portfolio management, and its PrimeInvest discretionary product suite on preferential terms.

Both organisations will also jointly explore opportunities to attract Korean foreign direct investment (FDI) into Bangladesh across priority sectors.

The collaboration will further address policy perspectives, investment climate challenges, and market development priorities, with a focus on improving investor confidence, strengthening market access, and promoting sustainable economic growth through private sector engagement.

Syed M Omar Tayub, managing director and chief executive officer of PBIL, and Shahab Uddin Khan, president of KBCCI, signed the MoU at the latter’s office in Dhaka recently, according to a press release.

Tayub said the partnership reflects PBIL’s commitment to facilitating strategic investments and delivering innovative financial solutions for both institutional and individual investors.

“We believe this collaboration will strengthen Korea-Bangladesh investment connectivity and create new avenues for foreign investment and diaspora engagement,” he added.

Khan said Bangladesh offers strong long-term potential for Korean investors as the country continues to expand its industrial and economic capabilities.

“Through this partnership, we aim to build a more effective platform to connect Korean investors and KBCCI members with Bangladesh’s capital market ecosystem,” he said.

The partnership is expected to enhance bilateral investment cooperation and support the development of Bangladesh’s capital market, the release added.

Million Park, secretary general of KBCCI, and Chaitanaya Kumar Dey Chayan, director, along with other senior officials from both organisations, were also present.