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Pubali Bank extends Tk 100m term loan to Prime Finance

Monday, 2 July 2007


FE Report
A term loan agreement for Tk 100 million was signed between Pubali Bank Limited (PBL) and Prime Finance & Investment Limited at Pubali Bank head office recently.
PBL sanctioned this term loan for 5 years.
Pubali Bank Ltd Managing Director Helal Ahmed Chowdhury and Prime Finance Managing Director AKM Nozmul Haque signed the agreement on behalf of their respective organisations at a simple ceremony.
Nozmul Haque thanked PBL for the loan and expressed his hope to improve the mutual relationship further in future. Helal Ahmed said PBL is extending bulk loan to NBFIs at a competitive interest rate.
PBL General Manager of Credit Division M Mustafizur Rahman, General Manager of Principal Branch Dipak Kumar Chakraborty and Deputy Managing Director of Prime Finance Md Akter Hossain Sannamat were also present on the occasion.