Managing Director (MD) of Prime Bank Limited (PBL) M Shahjahan Bhuiyan visited different projects set up through syndication financing under the bank's lead arrangement recently.
The syndication and structured finance unit of PBL arranged the programme. , said a press release.
Shahjahan Bhuiyan along with other PBL officials visited different units of Nasir Glass Industries Limited (NGIL) at Sreepur in Gazipur.
NGIL, a float glass manufacturer, was established by availing term loan of Tk 1.0 billion ( Tk 100 crore) under the lead arrangement of PBL.
The MD observed the total production process of the company and was informed that the products of the company were being exported to the neighbouring countries.
Bhuiyan and other PBL officials visiting NGIL units expressed their satisfaction with the performance of the company.
Later, the PBL MD visited the industrial units of ColourMaster Ltd, a yarn-dyeing project, and Mir Ceramic Limited, a tiles manufacturing company.
Both the companies were established through syndication financing under lead arrangement of PBL.
During the visit, the concerned officials of the two projects showed the production units of their projects.