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EBL holds workshop on ECA-covered financing
Eastern Bank Ltd (EBL) has recently organised a workshop supported by Helaba Landesbank Hessen-Th ringen Girozentrale, a renowned Germany-based bank, on 'Export Credit Agency (ECA)-covered Financing, in the capital.

Helaba Director and Regional Manager (South Asia) Thomas Kuerten and Chief Representative (Singapore Office) Christoph Winnat, and EBL Deputy Managing Director and Head of Corporate Banking Ahmed Shaheen, Corporate Unit Heads, Head of Financial Institutions and Overseas Banking Units (OBU) and other senior executives of the EBL attended the workshop.

The workshop focused on overview, instruments and procedures of ECA-covered financing and its best practices in European financial markets. Recent practices of ECA-covered financing in Bangladesh was also discussed at the session.

EBL, as a pioneer in operating OBU businesses, brings in the ECA covered financing, a low cost funding facility in Bangladesh.

EBL is the first bank rated by international rating agency-Moody's and is a partner bank of major Development Financial Institutions (DFIs) and global banks.

ECA covered financing has widened the wings of foreign currency funding facilities for EBL customers operating in different industries.
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