Sonali Bank sanctions Tk 300m loan to Midas Financing
Tuesday, 22 December 2009
FE Report
Sonali Bank has sanctioned loan worth Tk 300 million to Midas Financing Ltd to help flourish the SME sector of the country.
A loan agreement was signed between the two companies in this regard recently in the city.
Managing Director and CEO of Sonali Bank Limited SA Chowdhury and Midas Financing Limited managing director (current charge) Shafiq-ul-Azam represented the respective companies in the loan signing ceremony held in the head office of Sonali Bank in the city.
Top officials of both the companies were also present on the occasion, a press release said.
Creation of new entrepreneur class and development of the SME sector was highlighted in the programme.
Sonali Bank has sanctioned loan worth Tk 300 million to Midas Financing Ltd to help flourish the SME sector of the country.
A loan agreement was signed between the two companies in this regard recently in the city.
Managing Director and CEO of Sonali Bank Limited SA Chowdhury and Midas Financing Limited managing director (current charge) Shafiq-ul-Azam represented the respective companies in the loan signing ceremony held in the head office of Sonali Bank in the city.
Top officials of both the companies were also present on the occasion, a press release said.
Creation of new entrepreneur class and development of the SME sector was highlighted in the programme.