Press Releases

Dhaka Bank led Syndicated financed
United Sugar Mill moving fast

Dhaka Bank Limited as the Lead Bank arranged a Tk. 2100 million multi-credit facility through syndication for United Sugar Mills Limited, a concern of Meghna Group. 10 Banks/NBFIs along with Dhaka Bank Limited participated in the syndication. The project has an initial capacity of 1000 MT refined sugar/day. The participating Financial Institutions in the syndication are Dhaka Bank Ltd., Eastern Bank Limited, Arab Bangladesh Bank Limited, Commercial Bank of Ceylon, Mercantile Bank Limited, Bank Asia Limited, Industrial Promotion and Development Company of Bangladesh Limited (IPDC), International Leasing and Financial Services Limited (ILFSL), Social Investment Bank Limited and Jamuna Bank Limited.

High officials from 10 Banks / NBFIs led by the Managing Director of Dhaka Bank Limited Mr. Shahed Noman recently visited the factory of United Sugar Mills Limited to see the progress of the works.

Mr. Mostafa Kamal, Chairman and Managing Director of Meghna Group of Industries, Mr. Shah A. Sarwar Managing Director of IPDC, Mr. Khondker Fazle Rashid, Deputy Managing Director of Dhaka Bank Limited and Mr. A K M Shahidul Haque, Deputy Managing Director of Mercantile Bank Limited were present among others.


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