Summit Bank and Atlas Asset Management Limited (AAML) have joined hands to distribute mutual funds of AAML through Summit Bank’s branches across the country. “Under the Financial Institutions Cash Management arrangement, Summit Bank will distribute the mutual funds,” Acting President and CEO, Summit Bank, Muhammad Zahir Ismail said in a press conference after the signing ceremony of the agreement.
Through this venture, ‘Atlas Asset Management’, an asset management company with diversified and secured funds, will offer investors growth-potential and capital appreciation to help plan for future needs in the medium to long term.