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The Financial Express

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

| Updated: November 30, 2020 14:39:29


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Mr Md Arfan Ali (fourth from right), President & Managing Director of Bank Asia Ltd and Ms Uzma Chowdhury (fourth from left), Director of PRAN-RFL Group seen exchanging documents on behalf of their respective organisations Mr Md Arfan Ali (fourth from right), President & Managing Director of Bank Asia Ltd and Ms Uzma Chowdhury (fourth from left), Director of PRAN-RFL Group seen exchanging documents on behalf of their respective organisations

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/

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