Phoenix Finance and Investments Limited opened its 9th branch at city's Gulshan area.

Deen Mohammad, Chairman, Phoenix Finance and Investments, inaugurated the branch as chief guest with Managing Director S M Intekhab Alam in chair, said a press release.

Directors of the company and Deputy Managing Director M Shah Alam attended the function.

Local clients, dignitaries, officials of banks and other financial institutions, and businessmen were also present at the function.

The other branches of the company are located at Chittagong, Khulna, Bogra and the SME branches at Motijheel, Uttara, Imamganj and Dhanm-ondi in Dhaka.