Published:  12:45 AM, 12 February 2019

MTB arranges syndication term loan of Tk 380 crore

MTB arranges syndication term loan of Tk 380 crore

Mutual Trust Bank Limited (MTB) as Lead Arranger and Agrani Bank Limited as co-arranger have successfully completed a syndication deal of Tk 380 crore in the form of term loan for JMI Industrial Gas Ltd and its allied concerns to set up LPG projects. A closing ceremony of this deal was held on Sundayat a local hotel in the capital, in the presence of all the stakeholders.

State Minister, Ministry of Power, Energy and Mineral Resources Nasrul Hamid, MP, graced the event as chief guest. Dr Zaid Bakht, Chairman of Agrani Bank Limited, and Md Hedayetullah, Chairman of MTB, attended the event as guests of honor.

The event was also attended by Jabed Iqbal Pathan, Chairman and Md Abdur Razzaq, Managing Director, JMI Group, Anis A Khan, Managing Director and CEO of MTB, Mohammad Shams-Ul-Islam, Managing Director and CEO of Agrani Bank Ltd, SM Formanul Islam, Executive Director and CEO of Bangladesh Infrastructure Finance Fund Limited (BIFFL), Quazi Shairul Hassan, Managing Director of SABINCO, SM Shamsul Arefin, Managing Director of Uttara Finance and Investments Limited and Md Khurshed Alam, Deputy Managing Director of NRB Bank Ltd along with other senior officials from the organizations involved in the transaction.

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