BRAC Bank has signed an agreement with Chittagong’s prominent real estate developer Jumairah Holdings Ltd. A press release from the bank confirmed the agreement yesterday. Under the new contract, the bank will provide exclusive and comparatively faster home loans to customers of Jumairah.
Moreover, preferential interest fees and processing charges will also be offered to them, the press release said.
Head of Retail Sales of BRAC Bank Kyser Hamid and Managing Director of Jumairah Holdings Ltd M Shahjahan signed the agreement on behalf of their respective organization.
Head of Retail Underwriting of BRAC Bank SM Moinul Hossain, Chief Executive Engineer, Jumairah Holdings Ltd Engr. AM Sarwar Kamal and senior officials of both the organizations were present among others.
