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Article: BANGLADESH IT CO FIBER@HOME SIGNS SYNDICATED LOAN AGREEMENT.
- Article from:
- AsiaPulse News
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DHAKA, Oct 29 Asia Pulse - Fiber@Home, a Bangladesh information technology-based firm, signed a syndicated loan agreement worth Tk 65 crore (US$9.4 million) to expand their Nationwide Telecommunications Transmission Network (NTTN).
The signing ceremony was held at a city hotel among Fiber@Home Limited and other money-lending agencies managed by AB Bank.
The banks and financial institutions providing monetary supports for this syndicated loan are Infrastructure Development Company (IDCOL), Shahjalal Islami Bank Limited, IDLC Finance Ltd. and Saudi-Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO).
Managing directors of ...