Merchant Banking

Besides regular banking activities, Ace Development Bank also offers merchant (investment) banking services as a licensed merchant bank. Ace, with a team of qualified and experienced staff and well-established relationships with other financial intermediaries and regulatory authorities is well positioned to meet the needs of institutions that require merchant (investment) banking services.

Ace Development Bank is spinning off its merchant (investment) banking wing as Ace Capital Ltd. in the near future.

Ace offers the following services under merchant (investment) banking:
 
o    Public Offering
       -  Initial Public Offering (IPO)
       -  Rights Issue
       -  Divestment
o    Registrar to Share
o    Underwriting of Securities
o    Portfolio Management Services
o    Market Maker for Government Securities
o    Debenture Trustee
o    Financial Advisory
o    Loan Advisory

Results of share allotment of IPOs handled by Ace can be viewed here.

To submit your application for IPO, please click here.