Shahjalal Islami Bank provides Tk 450m loan to Essential Drugs
Tuesday, 11 September 2007
FE Report
An agreement was signed between Shahjalal Islami Bank Limited (SJIBL) and Essential Drugs Company Limited (EDCL) at its head office in the city Monday, said a press release.
Under the agreement the bank will extend investment facility worth Tk 450 million to Essential Drugs Company Limited for working capital.
The agreement was signed by SJIBL Managing Director Muhammad Ali and EDCL Managing Director Md Mehboobul Hoque on behalf of their respective organisations.
SJIBL Chief Executive Consultant M Kamaluddin Chowdhury and high officials from both the organisations were also present on the occasion.
An agreement was signed between Shahjalal Islami Bank Limited (SJIBL) and Essential Drugs Company Limited (EDCL) at its head office in the city Monday, said a press release.
Under the agreement the bank will extend investment facility worth Tk 450 million to Essential Drugs Company Limited for working capital.
The agreement was signed by SJIBL Managing Director Muhammad Ali and EDCL Managing Director Md Mehboobul Hoque on behalf of their respective organisations.
SJIBL Chief Executive Consultant M Kamaluddin Chowdhury and high officials from both the organisations were also present on the occasion.