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Modhumoti Bank finishes first Gold LC settlement


Published : 03 Oct 2021 08:17 PM | Updated : 04 Oct 2021 01:35 PM

Modhumoti Bank Limited announced the successful completion of first Gold Letter of Credit (LC) transaction opened in the name of a renowned  gold dealers. 

A simple ceremony took place on the occasion on Sunday, at the bank’s head office. 

Md. Shafiul Azam, Managing Director & CEO of the bank, addressing on the occasion, said Madhumati Bank is only the Bank who has been awarded gold dealership license from Bangladesh Bank and also the Bank is now able to process import LC for the gold dealers as approved by the Bangladesh Bank. 

Among others, Shahnawaj Chowdhury, Deputy Managing Director & Chief Operating Officer, Md. Shaheen Howlader, SEVP & Head of Corporate & Investment BankingDivision, Fahmida Saeed Saki, EVP & Head of International Division and other high officials of theBank were also present on the occasion.


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