Muhammed Ali, Managing Director of UCB, and Amjadul Ferdous Chowdhury, Managing Director of Imperial Hospital Limited, exchange documents after signing an agreement in Dhaka Tuesday.

United Commercial Bank Limited (UCBL) will raise a syndicated term loan to the tune of Tk 200 crore and a private equity of Tk 50 crore for Imperial Hospital Limited, Chittagong for setting up a 353-bed hospital in Chittagong Tuesday.

To this effect, Imperial Hospital Limited, Chittagong signed an agreement with UCBL at UCBL Head Office in Dhaka on Tuesday.

Muhammed Ali, Managing Director of UCBL and Amjadul Ferdous Chowdhury, Managing Director of Imperial Hospital Limited signed the agreement on behalf of their respective organisations, said a press release.

Mirza Mahmud Rafiqur Rahman, Additional Managing Director, UCBL, Mohammad Abu Abdullah, Md. Tariqul Azam, and Mohammad Shawkat Jamil, Deputy Managing Directors, UCBL, ASM Arif,

Senior Vice President and Head of Structured Finance Division and Prof. Rabiul Husain, Chairman, Amjadul Ferdous Chowdhury,

Managing Director and Mohammad Nurul Alam, Consultant of Imperial Hospital Limited were also present.