Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1019 Fri. April 13, 2007  
   
Business


Tk 300cr syndicated loan for Warid Telecom
Warid Telecom International Ltd has signed a security sharing agreement with 22 local lenders who participated in a syndicated deal for Tk 300 crore arranged by Industrial & Infrastructure Development Finance Company (IIDFC) Ltd, a financial institution.

The signing ceremony was held in Dhaka on Wednesday, says a press release.

On behalf of the local lenders Mahmood Malik, managing director of IIDFC Ltd, Syed Anisul Huq, MD of Bank Asia Ltd, Dilwar H Choudhury, MD (current charge) of The City Bank Ltd, Md Yeasin Ali, MD of Dutch-Bangla Bank Ltd, Md Nurul Amin, MD of National Credit and Commerce Bank Ltd, Abu Haniff Khan, MD of Premier Bank Ltd, Hamidul Huq, MD of United Commercial Bank Ltd, Mashiur Rahman, MD of IFIC Bank Ltd, Anis A Khan, MD of IDLC of Bangladesh Ltd, a financial institution, Musharraf Hossain, MD of Mutual Trust Bank Ltd, Md Motior Rahman, deputy managing director of Jamuna Bank Ltd, Shaikh Abdul Aziz, DMD of Uttara Bank Ltd, Md Niaz Habib and AKM Kamaluddin, DMD of United Commercial Bank Ltd, and senior officials from other participating lenders signed the agreement.

Muneer Farooqui, chief executive officer of Warid Telecom International, signed the deal on behalf of the company while other senior officials of his company were present.

Picture
Senior officials of Warid Telecom International Ltd, Industrial & Infrastructure Development Finance Company Ltd and other participating banks and financial institutions pose for photographs at a security sharing agreement on Wednesday in Dhaka. Under the deal, Warid Telecom has been provided with a Tk 300 crore syndicated loan