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Agreement for supply chain financing signed between Bank Asia and PRAN-RFL

FE Online Desk | Saturday, 28 November 2020


A Master Facility Agreement for Supply Chain Financing is signed between Bank Asia Ltd. & PRAN-RFL Group. Under the agreement, Bank Asia Ltd., will ensure finance to PRAN-RFL Group’s suppliers against approved invoices. Mr. Md. Arfan Ali, President & Managing Director of Bank Asia Ltd and Ms. Uzma Chowdhury, Director of PRAN-RFL Group, exchanged the agreement in a signing ceremony recently at Bank Asia Tower, Kawran Bazar, Dhaka. Mr. Shafiuzzaman & Mr. S.M. Iqbal Hossain, DMDs of Bank Asia Ltd., along with other high officials of both organizations were present at the programme.

-rmc/