Agrani Bank Limited and Pran Dairy Limited have signed a supply chain finance agreement on Wednesday.
Under this agreement, Agrani Bank will provide loans to Pran Dairy suppliers to help the reputed organisation increase its productivity levels and at the same time help it continue its normal production, said a press release issued by Agrani Bank.
Agrani Bank Limited Managing Director (MD) and Chief Executive Officer (CEO) Shams-Ul Islam and Director of Pran Dairy limited Uzma Chowdhury signed the agreement on behalf of each other's organisations.
Chairman of Agrani Bank Ltd Zayed Bakht was present as chief guest on the occasion.
Deputy Managing Directors of the Bank, General Managers, senior executives of Pran Dairy Ltd. and the executives and officers of the respective divisions of Agrani Bank Ltd were also present during the signing ceremony.