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Date: 18th December 2024
The Deputy Managing Director & CBO
Prime Bank Limited
Corporate & Institutional Banking Division
Simple Tree Anarkali, (6th Floor),
89 Gulshan Avenue, Dhaka-1212.
Subject: Application for acceptance of L/C Sanction of BDT 1,50,00,000/= to import spare parts for Textile Machinery. Ref: Prime/HO/CAD/CNIB/2024/391.
Dear Sir,
With reference to the above-mentioned subject, we, Murata Machinery Bangladesh Ltd., are pleased to acknowledge the receipt of the sanction advice letter of Prime Bank PLC (Ref: Prime/HO/CAD/CNIB/2024/391), regarding the approval of a revolving L/C facility amounting to BDT 15 million. We hereby confirm our acceptance of the terms and conditions outlined in the sanction advice letter. We assure you of our full compliance with the stipulated requirements and guidelines for utilizing the facility.
For the purpose of executing L/C-related documents, we authorize the following signatories, Mr. S. M. Kafee (Bipul) and Mr. Noboru Ide. Both are authorized to sign and execute all necessary documents pertaining to the revolving L/C facility on behalf of Murata Machinery Bangladesh Limited.
We kindly request you to proceed with the necessary arrangements to activate the facility as per the terms.
Best regards,
🗸
__________________
Noboru Ide
Managing Director
Murata Machinery Bangladesh Ltd.