Property Development signs deal with Lankan Alliance Finance

Uzma Chowdhury, Chairman of Property Development Limited and Romesh Elapata, CEO of Lankan Alliance Finance Limited, sign a loan agreement of Tk 20 crores at the financial company in the city recently.
Uzma Chowdhury, Chairman of Property Development Limited and Romesh Elapata, CEO of Lankan Alliance Finance Limited, sign a loan agreement of Tk 20 crores at the financial company in the city recently.
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Business Desk :
Property Development Limited (PDL), a sister concern of PRAN-RFL Group, has signed loan agreements amounting to Tk 20 crores with Lankan Alliance Finance Limited (LAFL), a newly formed financial institution in Bangladesh. Formed as a joint venture, Lankan Alliance Finance Limited is a partnership between the best of Sri Lanka and Bangladesh corporate, says a press release.
Uzma Chowdhury, Chairman of PDL, and Romesh Elapata, CEO of LAFL, signed the agreement for their respective organizations on 25th April 2018 at LAFL’s Corporate Office in Gulshan, Dhaka.
The role of Lankan Alliance Finance Limited is to be a partner and to enable expansion and business activity and ultimately to have played a part in the Bangladesh growth story. With a partner like PDL to start its journey with, LAFL is very optimistic about its prospects in the future.

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