Prime Bank receives first instalment payment from Mir Ceramic
Mir Ceramic Limited paid the first instalment of the syndicated term loan of Tk 280.50 million account to Prime Bank Limited, lead arranger of the loan, at a function held on Sunday at a city hotel.Prime Bank Limited Managing Director Shah Md Nurul Alam received the cheque for the installment payment on behalf of the participating banks and non-financial institution from Mir Nasir Hossain, managing director of Mir Ceramic Limited, says a press release. Other participating banks and non-financial institution of the syndicated term loan arranged in December, 2001 are The City Bank Limited, Dhaka Bank Limited, One Bank limited, Standard Bank Limited, and Industrial and Infrastructure Development Finance Company Limited (IIDFC). Among others, Abbas Uddin Ahmed, managing director of The City Bank, Shahed Noman, managing director of Dhaka Bank, Syed Nurul Amin, managing director of One Bank, and AKM Nozmul Haque, managing director of IIDFC, were present.
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