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04 February, 2021
The Manager
Prime Bank Ltd.
Banani Branch,
House # 62, Block # E, Kemal Ataturk Avenue,
Banani, Dhaka-1213.
Subject: Extension of the payment period of Short Term Loan BDT 33,580,000 (USD 400,000)
Dear Sir,
We would like to inform that Bangladesh Naxis Co. Ltd. wants to extend the payment period of the short term loan of BDT 33,580,000 (USD 400,000) which was sent from its Parent company NAXIS HOLDING CO., LTD. to your Bank through MUFG Hong Kong (Remitting Bank). Account Name: BANGLADESH NAXIS CO. LTD. Current Account no. 2132111020712 of Prime Bank Limited Banani Branch, Banani, Dhaka on 25 March, 2020.
Now both parties agree to extend the payment period of the Short Term Loan to 05 March, 2022. As the company is in initial stage of their business activities, so they need some more time to pay back the loan amount.
Necessary Documents are attached herewith
Thank you in advance for your prompt assistance.
Yours faithfully.
_________________________
Takayuki Matsuda
Managing Director
BANGLADESH NAXIS CO. LTD.
Enclosed:1. Copy of Initial Short Term Loan Agreement 2. Revised Short Term Loan Agreement.