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Modhumoti Bank PLC deputy managing director and chief business officer Arab Fazlur Rahman and IFAD Motors Limited business head Muidur Rahman Tanvir exchange documents after signing an agreement on August 27. | Press release photo

Modhumoti Bank PLC signed an agreement with IFAD Motors Limited on August 27, said a press release.

Under the agreement, Modhumoti Bank credit cardholders will enjoy up to 24 months of EMI facility while purchasing Royal Enfield motorcycles from IFAD Motors.


Modhumoti Bank deputy managing director and chief business officer Arab Fazlur Rahman and IFAD Motors business head Muidur Rahman Tanvir signed the agreement at the bank’s head office at Gulshan in the capital.

Modhumoti Bank managing director and chief executive officer Md Shafiul Azam oversaw the signing ceremony.

High officials of both the organisations were also present.