EBL, PRAN-RFL sign supply chain financing deal

Eastern Bank Limited (EBL) has recently signed a supply chain financing deal with PRAN-RFL Group.

Under the agreement, EBL will provide loan facilities to the suppliers and dealers of PRAN-RFL.

Ahmed Shaheen, Deputy Managing Director and Head of Corporate Banking of Eastern Bank Ltd and Uzma Chowdhury, Director of PRAN-RFL Group signed the agreement on behalf of their respective sides, according to a media release received today (Saturday).

Tasnim Hussain, Head of Assets - Retail and Business, M. Mostafiduzzaman, Head of Supply Chain Financing from EBL; Riad Mahmud Chowdhury, Head of Corporate Relationship Unit; Nirupam Dutta, Manager-Corporate Finance of PRAN-RFL Group were present among others on the occasion.