Prime Bank arranges Tk 600cr for BSRM
Prime Bank has recently arranged a syndication loan as lead arranger through raising Tk 600 crore for Bangladesh Steel Re-Rolling Mills Ltd (BSRM).
This is the bank's 29th syndication deal signed at a local hotel in the capital, the bank said in a statement on Wednesday. Prime took part in loan syndication with City Bank, Dhaka Bank, Jamuna Bank, Mercantile Bank, NCC Bank, Pubali Bank and Trust Bank, according to the statement.
Managing directors of the participating banks attended the programme. BSRM began its journey in 1952 as the country's first steel re-rolling mills. The company is listed on Dhaka and Chittagong stock exchanges.
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