Syndicated term loan for BSRM Wires Ltd

A signing ceremony of the syndicated term loan of Tk 3,210 million for BSRM Wires Limited, a wire manufacturing plant to be set up at Mirsarai, Chattogram, was held at a city hotel on Wednesday. Dhaka Bank Limited acted as the 'Lead Arranger' and 'Agent' for this syndication financing. Bank Asia Limited, Mercantile Bank Limited, Modhumoti Bank Limited, NCC Bank Limited, Saudi-Bangladesh Industrial and Agricultural Investment Company Limited, The City Bank Limited and Dhaka Bank Limited are the participating financiers in this transaction. Alihussain Akberali, Managing Director of BSRM Wires Limited, Syed Mahbubur Rahman, Managing Director and CEO of Dhaka Bank Limited along with other managing directors and senior officials of the organisations were present at the ceremony. — Statement