Dhaka Bank arranges financial closure of Tk 5,00cr for Ananta Real Estate

Business Report :
A “Financial Closure Ceremony” of Syndicated Term Facility of BDT 5,000.00 million for Ananta Real Estate Limited was held recently at a hotel in the capital.
The project named ‘Ananata Terraces’ will be the first-ever LEED Platinum Certified Gated Community under Residential Category in Bangladesh.
Spanning over 43Bighas of land at 100-ft Madani Avenue, this will be a Luxury Branded Residential Apartments for which they have engaged many globally reputed consultants.
Dhaka Bank PLC is acting as the ‘Lead Arranger’ and ‘Agent’ of this transaction where Al-ArafahIslami Bank PLC, Bengal Commercial Bank PLC, Mutual Trust Bank PLC, NRB Bank Limited, Prime Bank PLC., Pubali Bank PLC., ShahjalalIslami Bank PLC and Social Islami Bank PLC are the participants.
EmranulHuq, Managing Director of Dhaka Bank PLC; Sharif Zahir, Managing Director of Ananta Group and Ananta Real Estate Limited; Asif Zahir, Deputy Managing Director of Ananta Group;Farman R Chowdhury, Managing Director of Al-Arafah Islami Bank PLC; Mosleh Uddin Ahmed, Managing Director of Shahjalal Islami Bank PLC; Md. Shakir Amin Chowdhury, Managing Director (Current Charge) of NRB Bank Limited; Md. Khalid Mahmood Khan, Additional Managing Director of Mutual Trust Bank PLC; Faisal Rahman, Additional Managing Director of Prime Bank PLC; K. M. Awlad Hossain, Deputy Managing Director of Bengal Commercial Bank PLC and Md. Towhid Hossain, Head of Investment Risk Management of Social Islami Bank PLC along with other senior officials of the respective organizations were also present in the program.