Dhaka Bank arranged Multi Credit facility of Tk. 989 million for Creative Paper Mills
A signing Ceremony for syndicated multi credit facility of Tk. 989 million in favor of Creative Paper Mills Ltd. has been held on August 28, 2007 at Dhaka Sheraton Hotel. Dhaka Bank Ltd is the Lead Arranger and Agent Bank for the syndication.
The proposed project is a paper-manufacturing unit. It will have an annual production capacity of 42,000 MT of different kinds of paper like News Print, Offset and poster paper etc. Mr. Hasanul Morshed is the Chairman and Mr. Tabibul Huq is the Managing Director of the company.
A total of 8 Banks/FI including 7 (seven) banks and I (one) FI under the Lead Arrangement of Dhaka Bank Ltd. has taken part in this syndication. Mr. Shahed Noman, Managing Director, Dhaka Bank Limited, Mr. Md. Yeasin Ali, Managing Director, Dutch-Bangla Bank Limited, Mr. Ali Reza Iftekhar, Managing Director, Eastern Bank Limited, Mr. AAM Zakaria, Managing Director, First Security Bank Limited, Mr. Md. Nurul Amin, Managing Director, NCC Bank Limited, Mr. Abu Haniff Khan, Managing Director, The Premier Bank Limited, Mr. Shaikh Aminuddin Ahmed, Consultant (CRM), Uttara Bank Limited, Dr. Mohammad Hafiz Ahmed, Managing Director, Union Capital Limited were present in the signing ceremony on behalf of their respective Banks / FI.