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EBL arranges Tk 1,224m for TMSS

Eastern Bank Limited (EBL) has arranged Tk 1,224 million through issuance of zero coupon bond for Thengamara Mohila Sabuj Sangha (TMSS) as lead arranger of the deal, a press release said Tuesday. The proceeds of the bond will be primarily utilized for the disbursement ‘Jagoron, and ‘Agroshor’ lending products, targeted to improve the socio-economic welfare of the rural women in the country. Md. Fashiullah, executive vice chairman, Microcredit Regulatory Authority; Dr. Shaikh Shamsuddin Ahmed, commissioner and Sheikh Mahbubur Rahman, director, Bangladesh Securities and Exchange Commission; Prof. Dr. Hosne-Ara Begum, founder and executive director, TMSS;  Ali Reza Iftekhar, MD and CEO, Ahmed Shaheen, AMD and head of corporate banking, Riad Mahmud Chowdhury, DMD and head of corporate business, EBL; Md. Moniruzzaman, MD, IDLC Investments Limited; Fakaruddin Ali Ahmed, CEO (current charge), MTB Capital Limited (trustee of the deal);  Mahmudul Huq,  Monisha Anwar Huq, Zahirul Hoque Chowdhury, representative from Trust Bank Limited; were also present at the bond launching ceremony.  

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