Eastern Bank Limited (EBL) has been adjudged as the Best TFP Green Deal (Issuing Bank) Award by ADB.
The award certificate was handed over to EBL Managing Director and Chief Executive Officer Ali Reza Iftekhar by Relationship Manager ADB TSCFP (Trade Finance Program) Neha Noronha at a simple ceremony held on Monday at EBL corporate head office in the city’s Gulshan area.
Through this award ADB recognizes trade finance initiatives of financial institutions supported by the Trade and Supply Chain Finance Program (TSCFP) that specifically involves environmental sustainability components according to the selected criteria such as – how the transaction impacts development, environment, economic growth etc, said a press release.
In response Ali Reza Iftekhar said, “As an environmentally responsive bank, EBL is considering global economic trend seriously in respect of climate change and environmental sustainability. Moreover, EBL is very much aligned with the Sustainable Development Goals (SDGs) of United Nation. We would like to thank ADB for recognizing our efforts.”
