A broad study on BRAC EPL stock brokerage limited : impact of commission rate on BRAC EPL stock brokerage Ltd.

Abstract

BRAC EPL Stock Brokerage Limited is a subsidiary of BRAC Bank Limited. It commenced operation under a new management team obtaining merchant bank license from the Securities and Exchange Commission (SEC) and became BRAC EPL (BRAC EPL Investments Ltd. & BRAC EPL Stock Brokerage Ltd.) from EPL in August 2009. BRAC Bank holds 76% of the equity of BRAC EPL, the rest held by a diverse group of international fund managers and capital market institutions at home and abroad. BRAC EPL Stock Brokerage Ltd. delivers a whole range of securities services including traditional merchant banking activities. It has already established itself as one of the top portfolio managers, serving more than 35000 clients country-wide from seven locations. In discharging professional services, BESBL makes concerted efforts to show ZERO tolerance towards non-compliance and emphasizes strict adherence to regulatory guidelines. The report focuses on “Impact of Commission Rate on BRAC EPL Stock Brokerage Ltd ". BESBL commenced its business just 7 years back. So it can be said that it is comparatively a new organization in the market. After only two years of its inception, the company faced the biggest capital market turbulence in the history of financial markets of Bangladesh. Its upward trend of net income got broken as soon as the capital market storm hit. The report is enriched in the steps that the organization should maintain to have a profitable business in future. One prerequisite of having a healthy investment climate in an economy is the availability of financing facility for the existing and potential borrowers. The two major sources of finance in any country are the banks and the capital market. So it is very important for BRAC EPL Stock Brokerage Limited to cope up with the turmoil of capital market of Bangladesh to have a consistent profit growth.