Pubali Bank to give Tk 100m term loan to IIDFCL
Monday, 22 September 2008
FE Report
Pubali Bank Limited will extend a term loan of Tk 100 million to Industrial and Infrastructure Development Finance Company Limited (IIDFCL).
An agreement in this connection was signed between Pubali Bank IIDFCL at the bank's head office in the city recently. PBL sanctioned this term loan for 5 years.
Pubali Bank Principal Branch's General Manager Dipak Kumar Chakraborty and IIDFCL Deputy Managing Director Proshanto K Halder signed the agreement on behalf of their respective companies at a simple ceremony.
Pubali Bank Managing Director Helal Ahmed Chowdhury and IIDFCL Managing Director Md Asaduzzaman Khan witnessed the event.
Helal Ahmed, in his short speech, informed that the bank is extending bulk loan to NBFI's at a lower interest rate in this competitive market. He also said that Pubali Bank is committed to render better customer services as well as promote industrial development in the country. He said service charge in Pubali Bank is also competitive and lower.
Pubali Bank Limited will extend a term loan of Tk 100 million to Industrial and Infrastructure Development Finance Company Limited (IIDFCL).
An agreement in this connection was signed between Pubali Bank IIDFCL at the bank's head office in the city recently. PBL sanctioned this term loan for 5 years.
Pubali Bank Principal Branch's General Manager Dipak Kumar Chakraborty and IIDFCL Deputy Managing Director Proshanto K Halder signed the agreement on behalf of their respective companies at a simple ceremony.
Pubali Bank Managing Director Helal Ahmed Chowdhury and IIDFCL Managing Director Md Asaduzzaman Khan witnessed the event.
Helal Ahmed, in his short speech, informed that the bank is extending bulk loan to NBFI's at a lower interest rate in this competitive market. He also said that Pubali Bank is committed to render better customer services as well as promote industrial development in the country. He said service charge in Pubali Bank is also competitive and lower.