TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK


TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

Click to Close

Rate last updated: 02/01/2014 11:15:04 AM

Dhaka Bank arranged a syndication of Tk 680 million for setting up a Paper Project

Dhaka Bank Limited arranged a syndication financing of Tk 680 million (as LC and Term Loan) for setting up a paper project in the name of Capital Board Mills Limited (CBML). Three (03) other Banks viz. Arab Bangladesh Bank Limited, Uttara Bank Limited and The Premier Bank Limited are the other syndicate partners.

CBML is a private limited company incorporated in April 2006. It is a sister concern of Capital Paper and Pulp Industries Limited, engaged in producing different types of papers, mainly news print for local market. Annual production capacity is 12,000 MT of different types of papers.

The factory of CBML will be set up at Shantapara, Ghorashal; besides their existing factory of Capital Paper. Yearly production capacity of the factory would be 30,000 M/T. Total cost of the project is estimated at Tk 570.00 million, which would be financed by 70:30 debt equity ratios. The product line of the project is: News Print, Duplex board, Liner paper, etc. The Client has booked two world- class paper machines, one from Italy, and another from Spain. As per the implementation schedule, the Company will able to go into trail operation from end of 2008.

The signing ceremony of the syndication deal was held at Hotel Pan Pacific Sonargaon on 19th April 2007. Mr. Shahed Noman, Managing Director, Dhaka Bank Limited, Mr Kaiser A. Chowdhury – President & the Managing Director of Arab Bangladesh Bank Limited, Mr. Shaikh Aminuddin Ahmed – the Consultant and Head of CRM of Uttara Bank Limited, Mr Nurul Alam Chowdhury, Additional Managing Director of the Premier Bank Limited signed the Facility / Security Agreement on behalf of their respective organizations.

The signing ceremony was conducted by Mr. Mesbah Uddin Ahmed, Assistant Vice President, Syndication and Structured Finance Unit of Dhaka Bank Limited. Senior officials of the lead bank and participating Banks and the Capital Board Mills were present in the ceremony.




Dear Valued Patrons,

At the very onset, let me express my heartiest gratitude for allowing us to serve you and I also wanted to reach out to you directly with an assurance that Dhaka Bank is fully equipped to support you during this difficult time.

Last couple of weeks ago we all were living in a peaceful condition, performing our daily tasks freely and perfectly. Entire economy and business environment was also in a good shape, until COVID-19 put a forceful stoppage to the overall life style and economy of the world. We all know that social distancing and cleanliness are the keys to prevent this pandemic. Hence, we urge your conscious effort to limiting public interaction and suspending wherever possible.

In this current situation, Dhaka Bank and its employees are beside you where we are fully online, either working from home or at our offices under a robust Business Continuity Plan (BCP) to serve you with limited branch banking and a full-fledged alternate delivery channel services.

Our state of the art Mobile App, Dhaka Bank GO (Click https://bit.ly/2WVfieu) and Internet Banking - Dhaka Bank Direct gives you the freedom of banking online anytime from anywhere. You can check the balance and transfer money to any designated Banks including any Dhaka Bank or bKash Account, make utility bill payments and mobile top-up through our Mobile App and Internet Banking Services. Our ATMs are also running efficiently with availability of sufficient cash for your convenience where you can make cash withdrawals whenever the need arises. Mentionable, the withdrawal of cash from any ATMs within Bangladesh with Dhaka Bank Debit Cards are absolutely free of charges up till April 30, 2020 (Dhaka Bank will bear the cost). Our corporate customers can also use our completely safe and secured online platform Dhaka Bank C-Solution for Payments, Inter Bank Fund Transfers, etc.

Moreover, to fulfill your urgent requirement, we have a limited no. of branches up and running by ensuring all kinds of precautionary and safety measures for you.

In case of extreme emergency and facing difficulties in conducting banking transactions, please let us know through our 24/7 Contact Center number 16474 (or, dial +8809678016474 for ISD/Overseas Calls). We are always with you to combat your difficulties.

As you know we are going through a critical phase and the situation is novel to all of us. We are getting lot of new information from various sources everyday about COVID-19 which will be shared at www.dhakabankltd.com.

Thank you for your trust and continued support to us. I firmly believe that jointly we will be able to combat this situation and win against all the odds.

Please stay home, stay safe and take care of yourself and family.

Best regards,

Emranul Huq
Managing Director & CEO
Dhaka Bank Limited