Shimanto Bank signs MoU with Niloy Motors

Business Desk:

Shimanto Bank has recently signed a Memorandum of Understanding (MoU) with Niloy Motors at the bank’s head office.

As part of this agreement, all Credit Card holders of Shimanto Bank will enjoy 3 to 36 months EMI (Equated Monthly Installment) facilities while they purchase Hero Motorcycle from Niloy Motors, says a press release.

The MoU was signed by Md. Sahidul Islam, Head of Business at Shimanto Bank and Tanim Quraishi, Head of Corporate Sales at Niloy Motors, on behalf of their respective organisations.
Sharif Zahirul Islam, Head of Cards & ADC, Shimanto Bank, Tanvir Adnan, Manager, Corporate Sales, Niloy Motors along with senior officials from both institutions, were present during the signing ceremony.