The New Nation - Internet Edition

BUSINESS REPORT

Uttara Bank Limited (UBL) extended a credit facility of Tk 100 million to Bay Leasing & Investment Limited (BLI) for its leasing operations.

A loan agreement was signed to this effect between Uttara Bank Limited and Bay Leasing & Investment Limited recently, said a press release.

Managing Director of Bay Leasing Mahbubur Rashid and Managing Director and CEO of Uttara Bank Limited Shamsuddin Ahmed signed the agreement on behalf of their respective institutions. Other high officials of both the organisations were present on the occasion.