City Bank Capital arranges alternative fund

DBL Group Chairman Abdul Wahed, Vice Chairman Mohammed Abdur Rahim, Managing Director Md. Abdul Jabbar, Deputy Managing Director Mohammed Abdul Quader, and City Bank Capital Managing Director and CEO Ershad Hossain, The City Bank Limited Managing Director
DBL Group Chairman Abdul Wahed, Vice Chairman Mohammed Abdur Rahim, Managing Director Md. Abdul Jabbar, Deputy Managing Director Mohammed Abdul Quader, and City Bank Capital Managing Director and CEO Ershad Hossain, The City Bank Limited Managing Director
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Economic Reporter :
City Bank Capital arranges Tk 1,000m alternative fund for Flamingo Fashions.
City Bank Capital Resources Limited has arranged an alternative investment worth Tk 1,000 million for Flamingo Fashions Limited, a concern of DBL Group.
An agreement to this effect was signed on the premises of DBL Group office at BGMEA Complex in Dhaka recently.
The participating banks and financial institutions are The City Bank Ltd, Eastern Bank Ltd, Midland Bank Ltd, IDLC and IPDC.
DBL Group Chairman Abdul Wahed, Vice Chairman Mohammed Abdur Rahim, Managing Director Md. Abdul Jabbar, Deputy Managing Director Mohammed Abdul Quader and from City Bank Capital Managing Director and CEO Ershad Hossain, The City Bank Limited Managing Director Sohail R. K. Hussain and Tanzim Alamgir, Head of Structured Finance were present including representatives from participating banks and financial institutions.
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