Dhaka, Bangladesh (BBN)– Eastern Bank Ltd (EBL) has been awarded the "Best Partner for Working Capital Systemic Solutions" by International Finance Corporation at the 6th Global Trade Partners Meeting held in Lisbon, Portugal recently.

This Global Award is in recognition of EBL's innovative solutions for working capital finance to importers and counter party exporters including Offshore Bill Financing.

Ms. Georgina Baker, Head of IFC Trade Finance & Supply Chain Solutions handed over the award to EBL Managing Director & CEO, Ali Reza Iftekhar at the 6th IFC Global Trade Partners Meeting held In Lisbon, Portugal recently.

"I am really happy to receive the recognition for consecutive 4th year from IFC with whom we have been working closely for many years now." said Ali Reza Iftekhar. “In EBL we always try to come up with innovative solutions for our clients and progress of Bangladesh's economy. It's a matter of pride for us to know that EBL's innovative solutions are now being practiced in other parts of the world", he noted.

BBN/SSR/AD-09Mar14-12:11 pm (BST)