Dhaka, Bangladesh (BBN)– A term loan agreement for BDT 100 million was signed between Pubali Bank Limited and Bangladesh Industrial Finance Company (BIFC) Limited at Pubali Bank head office in the capital Dhaka recently.

Pubali Bank general manager Mosharraf Hossain and Bangladesh Industrial Finance Company Limited managing director Mahmood Malik signed the agreement on behalf of their respective sides at a ceremony, an announcement said.

The bank sanctioned the term loan for five years.

BBN/SSR/SI-14Oct10-9:58 am (BST)