Large amount of foreign investment coming to Padma Bank

Sunbd Desk , Published: 2021-09-05 11:43:10, Updated: 2021-09-05 11:43:10

This time a large amount of foreign investment is coming to Padma Bank. This number could be 70 croro dollars, in Bangladeshi currency which is Tk  5,900 crore. Dell Morgan & Company, a well-known investment bank based in the United States, will mediate to bring in this huge investment.

To this end, a Memorandum of Understanding (MoU) has recently been signed between the two organizations.

Padma Bank Chairman Chowdhury Nafiz Sarafat and Delmorgan Chairman Rob Delgado were present on the occasion.

Ehsan Khasru, MD and CEO for Padma Bank, and Neil Morganbesar, President and CEO, signed the MoU on behalf of Delmorgan.

Sunbd/NJ