(MENAFN - Bangladesh Monitor) Dhaka: Bproperty.com Ltd and Eastern Bank Ltd. (EBL) signed a Memorandum of Understanding (MoU) at the Bank's headquarter in the capital. Under the agreement, customers of Bproperty will be able to avail 10 per cent preferential interest rate for a home loan from EBL. In this regard, the customers will have to pay a preferential processing fee of 0.50 per cent.
Mark Nosworthy, CEO of Bproperty and M. Khorshed Anowar, Head of Retail and SME Banking of Eastern Bank Ltd. signed the agreement on behalf of their respective organisations.
'Bproperty is a one-stop solution for real estate issues in Bangladesh. Many people find their desired residences from here. They can also receive advice for property-related financial and legal matters. We have signed an agreement with Eastern Bank Ltd. considering the demands of our clients. The agreement will ease trading of properties and take the real estate sector of the country forward,' said Mark Nosworthy, CEO, Bproperty.com.
On behalf of EBL, Tasnim Hussain, Head of Asset (Retail and Business), Retail Banking, Mohammad Wahiduzzaman, Head of Retail Asset, Retail and SME Banking and Ferdause Sharif, Senior Manager, Retail and SME Banking attended the signing ceremony. On the other hand, Md Zaidul Islam, Corporate Business Manager, Md Rezaul Hassan Sharif, Head of Human Resources and Mahzabin Chowdhury, Marketing Manager from Bproperty were also present on the occasion.
M. Khorshed Anowar, Head of Retail and SME Banking, Eastern Bank Ltd said, 'We are committed to working with our partners to develop innovative products and services that deliver world-class client experience. The agreements will meet people's dreams for their desired habitations in an affordable and convenient way.'