AB Bank signs MoU with iRONman to support SME dealers

AB Bank PLC has signed a memorandum of understanding (MoU) with iRONman Company Ltd, a metal industry supplier based in Rupganj, to establish a strategic partnership aimed at supporting the financial requirements of the company’s listed dealers and distributors.

Under the agreement, financing support will be provided through the bank’s SME product, named “Uttaran”.

Md Arijul Islam Mollick, head of SME banking at the bank, and Muin Rahman, managing director of iRONman Company Ltd, signed the MoU at the bank’s head office in Dhaka recently, according to a press release.

Reazul Islam, acting managing director and chief executive officer of the bank, attended the signing ceremony as the chief guest.

ZM Babar Khan, additional managing director of the bank; Iftekhar Enam Awal, chief business officer; and Md Nazmul Alam, chief executive officer of the metal supplier, along with other senior officials from both organisations, were also present at the event.