Pubali Bank Limited (PBL) has sanctioned Tk 200 million term loans to Phoenix Finance and Investments Limited for five years. An agreement in this regard was signed at Pubali Bank’s head office recently. Md Mosharraf Hossain, general manager of Pubali Bank’s principal branch and SM Intekhab Alam, managing director of Phoenix Finance and Investments Limited signed the agreement on behalf of their respective organisations at a simple ceremony, said a press release.

News: Daily Sun/ Bangladesh/ 12-Oct-2011