The New Nation - Internet Edition

BRAC Bank Limited and The Metal (Pvt) Limited (MPL), an authorised dealer of renowned brand tractor TAFE, have singed a Memorandum of Understanding (MoU) recently, says a press release.

Under this MoU, BRAC Bank Limited will give SME loan facility to the interested customers, who want to purchase tractors from The Metal (Pvt) Limited. This initiative will help the farmers to use the modern agriculture tools to increase productivity in the country.

AEA Muhaimen, Managing Director and CEO, BRAC Bank Limited and Engr Aminul Islam, Chairman, The Metal (Pvt) Limited signed the MoU on behalf of their respective organizations.

Ms Farzana Chowdhury, Head of SME Banking, Khwaja Shahriar Head of Corporate Banking, Syed Moinuddin Ahmed, Head of Business development, SME Banking of BRAC Bank Limited, Engr Sadid Jamil, Managing Director, Himangsu Sekhar Roy, Executive Director (Finance), Zahirul Hoque, Senior Manager, Credit Management of The Metal (Pvt) Limited and other senior officials of both the organisations were also present at the MoU signing ceremony.