Pubali Bank sanctions loan for Reliance Finance
Tuesday, 28 September 2010
FE Report
A term loan agreement for Tk. 100 million was signed between Pubali Bank Limited (PBL) and Reliance Finance Limited at Pubali Bank Head Office recently.
Md. Mosharraf Hossain, General Manager, Principal Branch of Pubali Bank Ltd. & Proshanta K. Halder, Managing Director of Reliance Finance Limited signed the agreement on behalf of their respective organizations at a simple ceremony. PBL sanctioned this term loan for 5 years. Helal Ahmed Chowdhury, Managing Director of Pubali Bank Limited was present on the occasion.
Helal Ahmed Chowdhury, Managing Director of Pubali Bank Ltd said that PBL is extending bulk loan to NBFI's at a competitive interest rate.
Deputy Managing Directors' of Pubali Bank Khurshid-Ul-Alam, Mahbub Mustafizur Rahman and Safiul Alam Khan Chowdhury, General Manager Sk. Golam Mohammad, DGM Sushil Kumar Saha of Pubali Bank, Vice President & CFO of Reliance Finance Limited Md. Zillur Rahman ACA, ITP, Executive Vice President of Reliance Finance Limited Pran Gouranga Dey and other officials of both companies were also present at the agreement signing ceremony.
A term loan agreement for Tk. 100 million was signed between Pubali Bank Limited (PBL) and Reliance Finance Limited at Pubali Bank Head Office recently.
Md. Mosharraf Hossain, General Manager, Principal Branch of Pubali Bank Ltd. & Proshanta K. Halder, Managing Director of Reliance Finance Limited signed the agreement on behalf of their respective organizations at a simple ceremony. PBL sanctioned this term loan for 5 years. Helal Ahmed Chowdhury, Managing Director of Pubali Bank Limited was present on the occasion.
Helal Ahmed Chowdhury, Managing Director of Pubali Bank Ltd said that PBL is extending bulk loan to NBFI's at a competitive interest rate.
Deputy Managing Directors' of Pubali Bank Khurshid-Ul-Alam, Mahbub Mustafizur Rahman and Safiul Alam Khan Chowdhury, General Manager Sk. Golam Mohammad, DGM Sushil Kumar Saha of Pubali Bank, Vice President & CFO of Reliance Finance Limited Md. Zillur Rahman ACA, ITP, Executive Vice President of Reliance Finance Limited Pran Gouranga Dey and other officials of both companies were also present at the agreement signing ceremony.