BRAC Bank Limited has recently launched a new product, 'CommerZ Loan,' for medium enterprises. The bank's Managing Director M Ehsanul Haque launched the product by handing over a sanction advice to Menz Klub proprietor Mahmudul Helal in the city. High officials from both the organisations were present on the occasion. The product targets the medium-sized commercial market segment comprising proprietorship concerns, private limited companies, educational institutions, non-government organisations (NGOs) etc with flexible and convenient loan schemes ranging from Tk 3.00 million to Tk 20.00 million. Under the loan facility, the customers will be able to meet their working capital and term-loan requirements.
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