BRAC Bank and KY Two Tone, a concern of KDS Group, have signed a memorandum to understanding (MoU) to offer affordable financing options for home loan customers across Bangladesh, a press release said Friday.
This agreement will allow customers of KY Two Tone faster processing of home loans and promotional offers by BRAC Bank as part of its Affordable Home Loans programme.
BRAC Bank previously launched affordable home loans to assist middle-income people in purchasing new apartments, building construction, semi pucca house construction, or extensions of existing homes.
Monirul Islam Rony, Head of Retail Lending, BRAC Bank and Zabir Hussain, COO, KY Two Tone, signed the agreement for their respective organizations at KY Two Tone’s head office in Chattogram.
Kayesh Chowdhury, Head of Regional Corporate, Chattogram; Jamshed Ahmed Chowdhury, Regional Head, Chattogram Region, Distribution Network; Khan Mohammed Istiaque- Head of Relationship Unit 7, Regional Corporate – Chattogram; BRAC Bank, and Asif Mohammad Tanvir Hossain, AGM, Accounts & Finance; Sharif Uddin, Sr. Manager, Accounts & Finance; and Sazzad Al Mamun, Manager, Sales & Marketing; KY Two Tone, were also present.
