EBL to get benefits from TREDX

Eastern Bank Limited (EBL) and ThinkBig Solutions Limited signed an agreement in Dhaka recently.

The agreement will allow EBL to bid in TREDX platform as a financier, along with other banks and non-banking financial institutions, to facilitate working capital for suppliers of large reputed corporate entities. TREDX is an online factoring platform for supply chain finance transaction, said a press release.

M Khorshed Anowar, DMD and Head of retail and SME banking division of EBL and Raja Debnath, CEO, of ThinkBig Solutions, signed the agreement on behalf of their organisations.