Catholic Syrian Bank Ltd and Celebrus Capital Ltd have announced a new partnership to offer CSB’s customers online trading and demat services. With this partnership, CSB’s customers can open a Celebrus trading account free of cost and also enjoy preferred rates on brokerage charges/ AMC fees on the demat account.
CSB customers will have access to Celebrus’ mobile trading and investment platform – LEAP – created in association with Thomson Reuters, while enjoying seamless integration between deposits, demat and trading accounts. Celebrus will help educate and empower CSB customers with a number of strategies available in the equity and mutual funds markets. It will also deploy dedicated staff and a help-desk to cater to queries from CSB customers.
Announcing the partnership, C. V. R. Rajendran, MD&CEO, Catholic Syrian Bank said: “People’s investment appetite for equity markets and mutual funds are steadily rising. The partnership will enable all CSB clients to open free demat accounts through the Celebrus platform with in-depth research, allowing them to take wise investment decisions.”
Giby Mathew, MD, Celebrus Capital Ltd said: “Celebrus has emerged as a broking house with knowledge capital in India in a short span of time. New generation technology, cutting-edge market research and 24/7 customer service has made Celebrus one of the most sought-after trading networks in the over-crowded financial markets, with an over 99 per cent customer retainership ratio. The agreement also enables Celebrus to distribute other banking products through its marketing channels across the country.