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Pubali Bank PLC and Landesbank Baden-Wuerttemberg (“LBBW”) recently signed an agreement. Mohammad Ali, Managing Director and CEO of the bank, Mark Adamovits, Associate Director of Global Trade & Export Finance of LBBW, and Mohammad Salman, Managing Director of Lantabur Group, exchange document after signing the deal. Under the deal, LBBW will provide Export Credit Agency financing for EURO 34 million through Pubali Bank PLC to facilitate Lantabur Textile Limited to imports of brand-new capital machineries for their eco-friendly spinning mills project. Senior officials from respective sides were, present.

Nazeem A. Choudhury, DMD of Prime Bank Limited and Md. Zakiullah Shahid, Managing Director of Electra Holdings (recognized as the official seller of Xiaomi Mobile Phone in Bangladesh), exchange document after signing an agreement at the banks head office in the capital recently. Under the deal, all card holders of the bank will enjoy up to Tk.5000 discount for purchase of the mobile phone sets from Electra Holdings and Prime Bank credit card holders will enjoy up to 6 months 0% EMI facility. Senior officials of respective organizations were present.