Eastern Bank opens India business desk

Eastern Bank Limited (EBL) yesterday launched a dedicated "India Business Desk" to facilitate cross-border business transactions between Bangladesh and India.

Md Shahriar Alam, state minister for foreign affairs, inaugurated the desk at the bank's head office in Gulshan, Dhaka yesterday, said a press release.

The setting up of a dedicated "India Business Desk" by Eastern Bank Ltd will boost bilateral trade and investment between the two friendly countries, Alam said.

"We are thrilled to launch the EBL India Business Desk, which reflects our commitment to strengthening the trade relations between Bangladesh and India," said Ali Reza Iftekhar, managing director and CEO of the bank.

The bank also launched a co-brand card with the India-Bangladesh Chamber of Commerce and Industry (IBCCI) at the same event.

Among others, Pranay Verma, high commissioner of India to Bangladesh, Lokman Hossain Miah, executive chairman of Bangladesh Investment Development Authority, and Abdul Matlub Ahmad, president of the IBCCI, were present.