Rahim Textile Mills Limited (RTML) recently inked an agreement with The City Bank Limited, where in the bank will provide financial assistance to the textile unit. K Mahmood Sattar, MD and CEO of The City Bank Ltd and Matin Chowdhury, MD, RTML signed the deal.
The officials sources from RTML informed Fibre2fashion that with the bank providing a helping hand to the company, it will be able to revive itself once again. RTML was established in the year 1981 in Dhaka.
During the ceremony Sohail R K Hussain, DMD (Business), Ehsan Khasru, Head of Credit Risk Management, Yousuf Saeed, Head of Corporate and Investment Banking were also present.
Fibre2fashion News Desk - India