EBL wins ADB award

Eastern Bank Limited (EBL) has been recognized with the 2020 Leading SME Trade Bank award for its outstanding contribution in supporting small- and medium-sized enterprises in Bangladesh by Asian Development Bank (ADB), said a statement.

Managing Director and CEO of EBL Ali Reza Iftekhar in his reaction said, "This award reflects how effectively and efficiently EBL has been supporting the businesses of the country by using its global correspondent banking and DFI relationship. It ensures a win-win outcome for the partners including customers engaged, Development Financial Institutions, global correspondent banks and EBL."

ADB Relationship Manager Can Sutken said, "EBL is a valued partner of the Asian Development Bank and we are pleased to recognize its outstanding contribution in supporting small- and medium-sized enterprises in Bangladesh."