Dhaka Bank holds financial closure of Tk 5,000m Ananta Terraces

A 'financial closure ceremony' of the syndicated term facility of Tk 5,000 million for Ananta Real Estate Limited was held recently at a hotel in the capital, according to a statement.
The project, 'Ananta Terraces', will be the first-ever LEED Platinum-certified gated community under the residential category in Bangladesh. Spanning over 43 bighas of land at 100-ft Madani Avenue, there will be a luxury branded residential apartment complex under the project.
Dhaka Bank is acting as the 'lead arranger' and 'agent' of this transaction where Al-Arafah Islami Bank, Bengal Commercial Bank, Mutual Trust Bank, NRB Bank Limited, Prime Bank, Pubali Bank, Shahjalal Islami Bank and Social Islami Bank are the participants.
Emranul Huq, managing director and CEO of Dhaka Bank; Sharif Zahir, managing director of Ananta Group and Ananta Real Estate Limited; Asif Zahir, deputy managing director of Ananta Group; Farman R Chowdhury, managing director of Al-Arafah Islami Bank; Mosleh Uddin Ahmed, managing director of Shahjalal Islami Bank; Md Shakir Amin Chowdhury, managing director and CEO (Current Charge) of NRB Bank Limited; Md Khalid Mahmood Khan, additional managing director of Mutual Trust Bank; Faisal Rahman, additional managing director of Prime Bank; Md Shahnewaz Khan, deputy managing director of Pubali Bank; KM Awlad Hossain, deputy managing director of Bengal Commercial Bank and Md Towhid Hossain, EVP and head of Investment Risk Management of Social Islami Bank, were present at the programme.