Mohiuddin Ahmed, General Manager of Pubali Bank, and Md Asaduzzaman Khan, Managing Director of IIDFC Limited, exchange documents after signing an agreement in Dhaka recently.

Pubali Bank Limited (PBL) will provide term loan of Tk 100 million to Industrial and Infrastructure Development Finance Company (IIDFC) Limited for business expansion of the company.

An agreement between PBL and IIDFC Limited was signed at the Bank’s head office in Dhaka recently, said a press release.

Mohiuddin Ahmed, General Manager of principal branch of PBL and Md Asaduzzaman Khan, Managing Director of IIDFC Limited signed the agreement on behalf of their respective organisations at a simple ceremony in the capital.

PBL sanctioned this term loan for five years. PBL Managing Director Helal Ahmed Chowdhury was also present on the occasion.

News: The Daily Sun/Bangladesh/05-Sep-12