Dhaka Bank arranges Tk137.4cr for Faisal Spinning
Dhaka Bank Ltd with the help of five other banks has arranged a syndicated multi-credit facility of Tk 137.4 crore for Faisal Spinning Mills Ltd, a concern of Saiham Group.An agreement to this effect was signed recently between the banks and Faisal Spinning Mills in Dhaka, says a press release. Dhaka Bank is the lead arranger in the syndication, while other participating banks are National Credit & Commerce Bank Ltd, Shahjalal Islami Bank Ltd, The City Bank Ltd, Pubali Bank Ltd and Agrani Bank. Shahed Noman, managing director of Dhaka Bank, Md Nurul Amin, managing director of National Credit & Commerce Bank, Muhammad Ali, deputy managing director of Shahjalal Islami Bank, K Muhammed Sattar, managing director of The City Bank, Helal Ahmed Chowdhury, managing director of Pubali Bank, and Syed Abu Naser Bukhtear Ahmed, managing director of Agrani Bank, signed the deal on behalf of their banks.
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