Uttara Bank extends Tk 50m credit to Bay Leasing
Tuesday, 19 May 2009
Uttara Bank Limited (UBL) has extended credit facilities of Tk 50 million to the Bay Leasing and Investment Limited (BLIL) for its leasing operations.
A loan agreement was signed in this connection between the companies in the city recently, says a press release.
Bay Leasing Managing Director Mahbubur Rashid and Uttara Bank Deputy Managing Director MA Matin signed the agreement on behalf of their respective companies.
Bay Leasing Chairman Maswooda Ghani, Senior Assistant Vice President and Company Secretary Md Musfiqur Rahman and Senior Assistant Vice President Md Lutfur Rahman, Uttara Bank Managing Director Shamsuddin Ahmed, Additional Managing Director SK Abdul Aziz, Deputy Managing Director MA Halim, Assistant Managing Director Abu Ahmed and other high officials of both the companies were present at the signing ceremony.
A loan agreement was signed in this connection between the companies in the city recently, says a press release.
Bay Leasing Managing Director Mahbubur Rashid and Uttara Bank Deputy Managing Director MA Matin signed the agreement on behalf of their respective companies.
Bay Leasing Chairman Maswooda Ghani, Senior Assistant Vice President and Company Secretary Md Musfiqur Rahman and Senior Assistant Vice President Md Lutfur Rahman, Uttara Bank Managing Director Shamsuddin Ahmed, Additional Managing Director SK Abdul Aziz, Deputy Managing Director MA Halim, Assistant Managing Director Abu Ahmed and other high officials of both the companies were present at the signing ceremony.