EBL signs treade facility deal with KfW IPEX-Bank

Eastern Bank Limited (EBL) has signed a trade facility agreement with KfW IPEX-Bank, Germany, a press release said Saturday. Funding under this agreement will be used to expand trade between Bangladesh and Germany and other European countries. Mehdi Zaman, DMD and head of treasury, FIs and offshore banking, Iftikhar Imam, head of Inbound Business and China desk, EBL; Tina Baumann, director and team head financial institutions and sovereigns, Johannes Memming, assistant vice president, financial institutions  and sovereigns of KfW IPEX-Bank signed the deal on behalf of their respective organizations.  Mayank Mittal, director and head of representative office, KfW IPEX-Bank were also present.