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EBL arranges BDT 2,500m for Crown Cement

Eastern Bank Limited (EBL) has arranged BDT 2,500m syndicated loan facility for Crown Cement PLC, a press release said on Friday. The deal closing ceremony was held at Sheraton Dhaka on Friday.A consortium of four banks namely State Bank of India, Bank Asia Limited, Dhaka Bank Limited, and Eastern Bank Limited participated in the closure of the deal.

Mohammed Jahangir Alam, Chairman, Md. Alamgir Kabir, Vice Chairman, Molla Mohammad Majnu, Managing Director, Md. Mizanur Rahman Mollah, Additional Managing Director,  Md. Almas Shimul, Director, Zakir Ahmed Khan, Independent Director, Dr. M. Abu Eusuf, Independent Director of Crown Cement PLC;  Ali Reza Iftekhar, Managing Director and CEO of Eastern Bank Limited;  Amit Kumar, Country Head- Bangladesh Operations, Sumanta Ghosh, Chief Executive Officer, State Bank of India; Emranul Huq, Managing Director and CEO of Dhaka Bank Limited; Adil Chowdhury, President and Managing Director of Bank Asia Limited and others were present at the closing ceremony.

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