Pubali Bank, Phoenix Finance sign Tk 200m term loan deal
FE Report | Monday, 30 June 2008
Pubali Bank Limited and Phoenix Finance and Investment Limited (PFIL) signed a term loan agreement for Tk 200 million (20 crore) at the Pubali Bank head office in the city recently.
Pubali Bank General Manager (Principal Branch) Dipak Kumar Chakraborty and PFIL Managing Director SM Intekhab Alam signed the agreement on behalf of their respective companies.
Pubali Bank Managing Director Helal Ahmed Chowdhury and PFIL Deputy Managing Director M Shah Alam were present in the signing ceremony.
Pubali Bank General Manager (Credit Division) Mizanur Rahman Molla and DGM M Mustafizur Rahman, and PFIL vice-presidents Sushil Kumar Saha and Rebeka Akter were also present on the occasion.
The Pubali Bank MD said that the bank is extending bulk loan to non-banking financial institutions (NBFIs) at a competitive interest rate.
Pubali Bank General Manager (Principal Branch) Dipak Kumar Chakraborty and PFIL Managing Director SM Intekhab Alam signed the agreement on behalf of their respective companies.
Pubali Bank Managing Director Helal Ahmed Chowdhury and PFIL Deputy Managing Director M Shah Alam were present in the signing ceremony.
Pubali Bank General Manager (Credit Division) Mizanur Rahman Molla and DGM M Mustafizur Rahman, and PFIL vice-presidents Sushil Kumar Saha and Rebeka Akter were also present on the occasion.
The Pubali Bank MD said that the bank is extending bulk loan to non-banking financial institutions (NBFIs) at a competitive interest rate.