EBL offers loan for purchase of motor bike from New Grameen Motors

Eastern Bank PLC (EBL) has signed an agreement with New Grameen Motors Ltd to offer two-wheeler loans to customers purchasing brand-new motorcycles from the company.

The agreement was signed recently at a ceremony in Dhaka. M Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of EBL, and Mazba Uddin Mamun, Chairman of New Grameen Motors, signed the deal on behalf of their respective organisations.
Also present at the event were Syed Zulkar Nayen, Head of Business, Retail and SME Banking of EBL, and Md. Rezaul Karim, Chief Executive Officer of New Grameen Motors, among others.

Under the partnership, EBL customers will have access to financing solutions for purchasing new motorcycles, offering flexible terms and competitive rates. The initiative aims to make two-wheeler ownership more accessible and affordable for a broader customer base.

This collaboration is expected to strengthen the growing market for two-wheelers in Bangladesh while promoting financial inclusion through accessible retail loan products.