November 4, 2009

 

Banks support Bangladesh's poultry industry

 

 

Several banks have offered long-term financing to poultry companies in Bangladesh.

 

A consortium of 20 banks will be providing BDT1,250 million long-term financing and BDT600 million working capital facilities for the expansion of poultry projects in Bangladesh.

 

The expansion projects will mainly establish backward linkage facilities for producing day-old chicks and poultry feed for the poultry farmers in Bangladesh.

 

The banks include HSBC, Bank Asia Limited, BRAC Bank Limited, The City Bank Limited, Commercial Bank of Ceylon PK., Dhaka Bank Limited, Dutch Bangla Bank Limited, Eastern Bank Limited, ICB Islamic Bank Limited, IFIC Bank Limited, Mercantile Bank Limited, Mutual Trust Bank Limited, National Bank Limited, One Bank Limited, Prime Bank Limited, Pubali Bank Limited, Southeast Bank Limited, Trust Bank Limited, United Commercial Bank Limited, and Shahjalal Islami Bank Limited.

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