Eastern Bank Limited (EBL) has signed a Memorandum of Understanding (MoU) with Dun and Bradstreet (D and B) Rating Agency Bangladesh Limited recently, says a press release. Md Khurshed Alam, head of SME business, EBL and Tarique Afzal, chief executive of D and B, signed a MoU at EBL head office. Under the MoU, D and B will rate the “Small Segment” customers of EBL which in turn will enable the bank to minimise time for banking formalities and extend better service to its customers.
The rating will also help avoid risky investments for the bank. This rating is arrived after considering various financial, non-financial parameters, past credit history and future outlook.

News: The Independent/ Bangladesh/ 29-Oct-2011