City Bank raises $26m for Doreen Power - Share market analysis of dhaka stock exchange, Bangladesh
Black
White

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
26 December, 2017 10:21 AM Source: The Daily Star Bangladesh
city-bank.jpg

City Bank has recently arranged $26 million in funds for Doreen Group to help it set up a 53.9-megawatt heavy fuel oil-based power plant in Munshiganj.

AKA Bank and Commerzbank of Germany provided the export credit agency-backed financing through City Bank to implement the project, Banco Energy Generation Ltd.

The financial closure ceremony took place in Frankfurt, Germany on the successful completion of the financing arrangement, said City Bank in a statement.

Sohail RK Hussain, CEO of City Bank; Stefan Rajmann, senior project manager of structured export finance at AKA Bank; Herbert Euler, senior counsel of export finance; Cathrin Karpinski, head of international markets at Commerzbank, and Alexander Mondorf, relationship manager of Indian Subcontinent and the Asean, signed the agreement.

Sheikh Mohammad Maroof, head of wholesale banking and Mahbub Jamil, head of structured finance of City Bank, and Tawfiq Ali, chief representative of Commerzbank Bangladesh, were also present.  

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login
Advanced Charts
Market Map
Real-Time Market Watch
Order Book Data
Stock Screener
LankaBangla Client Login
CSE iTrading
DSE iTrading

Stocks in Focus


Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
and
Many more

Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2013

Login

Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?