GPH Ispat and EBL sign supply chain financing deal

Banking

TBS Report
25 January, 2021, 03:20 pm
Last modified: 25 January, 2021, 09:55 pm

M Khorshed Anowar, head of Retail and SME Banking of Eastern Bank Limited and Kamrul Islam, executive director of GPH Ispat Limited signed the agreement on behalf of their organisations

Eastern Bank Limited and GPH Ispat have recently signed a Supply Chain Financing agreement for the dealers of GPH Bars.

The Online Supply Chain Financing platform of Eastern Bank Limited will facilitate easy and fastest financing to the dealers for their stock lifting and instant payment solutions for GPH Ispat as well, reads a press release.

M Khorshed Anowar, head of Retail and SME Banking of Eastern Bank Limited and Kamrul Islam, executive director of GPH Ispat Limited signed the agreement using a digital platform.   

Tasnim Hussain, head of Assets – Retail and Business, M Mostafiduzzaman, head of Supply Chain Financing of Eastern Bank Limited; Champak Chakrabortty, head of Credit Synchronisation and Monitoring of GPH Ispat and others attended the online signing ceremony.

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