Agrani Bank to arrange Tk 42cr loan for Green Life Hospital

Agrani Bank with the help of four other banks will provide a syndicated financing of Tk 42 crore for Green Life Hospital Ltd.
An agreement to this effect was signed between the banks and the hospital in Dhaka on Monday, says a press release.
Agrani Bank is the lead arranger, while other participating banks in the syndication are Janata Bank, Pubali Bank, Dutch-Bangla Bank Ltd and NCC Bank Ltd.
The proposed hospital with 250 beds will be constructed at a total cost of Tk 84 crore, of which the banks will provide Tk 42 crore on fifty percent equity basis, the release adds.
Bangladesh Bank Governor Dr Salehuddin Ahmed was present at the agreement signing ceremony, which was also attended by senior officials of the banks and the hospital.
Agrani Bank has so far provided Tk 90 crore as credit for nine hospitals.