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Sundaram BNP Widens Investment Horizon for NRIs in Doha
Wednesday, September 26, 2007

Doha Bank has entered into an agreement with Sundaram BNP Paribas Assets Management Company Ltd for the distribution of the company’s mutual fund schemes in Qatar.

Mr.R.Seetharaman, Deputy CEO of Doha Bank, and T.P. Raman, Managing Director of Sundaram BNP signed the deal which would give the NRIs in Doha access to the mutual fund products of BNP Paribas.

Doha has witnessed a surge of development in the last few years, attracting expatriates, especially from India. Doha Bank, judged the ‘Best Commercial Bank in the Middle East’ by the Banker Middle East magazine is geared for the domestic as well as the expatriate population.

Sundaram’s Midcap Fund and the large cap funds are well balanced and well allocated, performing well in the market.

Sundaram also has a Portfolio Management Service in place to service high net worth non-resident Indians. Doha Bank’s International Relations Centre would be handling the Sundaram products for NRIS in Doha.

The division is already handling other investment products of Indian companies, like the HDFC Mutual Funds, SBI Mutual Fund, Birla Sun Life, and ING Vysya Mutual Fund.

Related Readings

»Doha Bank offers MFs to NRIs
»Investment Opportunities Unfold for NRIs in Doha
»NRI Banking Services Now Also in Doha

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