The 17 companies that are being added to the Dow Jones SAFE 100 Index are: Uttara Bank Ltd. (Bangladesh, Banks, UTTARABAN.DH), Pubali Bank Ltd. (Bangladesh, Banks, PUBALIBAN.DH), AB Bank Ltd. (Bangladesh, Banks, ABBANK.DH), Hero Honda Motors Ltd. (India, Automobiles & Parts, 500182.BY), National Bank Ltd. (Bangladesh, Banks, NBL.DH), Unilever Pakistan Ltd. (Pakistan, Food & Beverages, ULEVER.KY), Habib Bank Ltd. (Pakistan, Banks, HBL.KA), Tata Power Co. Ltd. (India, Utilities, 500400.BY), Power Grid Co. of Bangladesh Ltd. (Bangladesh, Utilities, POWERGRID.DH), Prime Bank Ltd. (Bangladesh, Banks, PRIMEBANK.DH), Mundra Port & Special Economic Zone Ltd. (India, Industrial Goods & Services, 532921.BY), Nestle India Ltd. (India, Food & Beverages, 500790.BY), Bharat Petroleum Corp. Ltd. (India, Oil & Gas, 500547.BY), Bank of India (India, Banks, 532149.BY), Power Finance Corp. Ltd. (India, Utilities, 532810.BY), NMDC Ltd. (India, Basic Resources, 526371.BY) and Neyveli Lignite Corp. Ltd. (India, Utilities, 513683.BY).
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4 comments:
I was a little shocked that Square did not make it, nor did Beximco.
AB making it makes the entire thing sound like a joke. AB Bank is the Grameenphone of banks (maybe Grameen Bank of banks), but less successful.
Wasn't Pubali black listed in 2007 by Bangladesh Bank?
Ofcourse it is not the first time that some of these shady banks "managed" to pick up foreign awards.
So to recap, congrats but it is a bit too shady.
Yeah its true. Basis of assessment is under serious question?
useful info !!
Interesting and useful information. However, Prime Bank being picked in this group makes me happy as it is breaking grounds on creating some good product lines for consumers. Beximco and Square Pharmaceuticals not making the list does bring some question.
Looking forward to similar sort of posts in future. :)
Naveed Akbar
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