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EBL partners with German bank for trade financing

  • Staff Correspondent
  • 24 July, 2022 12:00 AM
  • Print news
EBL partners with German bank for trade financing
Eastern Bank Limited Deputy Managing Director Mehdi Zaman and Tina Baumann, Director and Team Head Financial Institutions and Sovereigns of KfW IPEX-Bank are seen at an agreement signing ceremony in the capital recently.

Eastern Bank Limited (EBL) signed a trade facility agreement with KfW IPEX-Bank, Germany.

Funding under this agreement will be used to expand trade between Bangladesh and Germany and other European countries, said a press release.

Mehdi Zaman, Deputy Managing Director and Head of Treasury, FIs and Offshore Banking, Iftikhar Imam, Head of Inbound Business and China Desk, EBL, Tina Baumann, Director and Team Head Financial Institutions and Sovereigns, Johannes Memming, Assistant Vice President, Financial Institutions and Sovereigns of KfW IPEX-Bank signed the deal on behalf of their respective organisations. Mayank Mittal, Director and Head of Representative Office, KfW IPEX-Bank and others were present on the occasion.