Trust Bank and SenaKalyan Sign Housing Loan Agreement

Trust Bank PLC and SenaKalyan Constructions & Developments Limited have formally signed a Memorandum of Understanding (MoU) to launch a joint home construction loan initiative. This strategic partnership is designed to provide structured House Building Loans specifically tailored for the customers and clients of both organisations.

The formal signing ceremony was attended by the top leadership of both institutions. Representing Trust Bank, Md. Mahboob Hossain, Senior Executive Vice President (SEVP) & Head of Business, signed the agreement. Signatory for SenaKalyan Constructions & Developments Limited was its Managing Director, Brigadier General Rezaul Karim (ndc, psc).

Ahsan Zaman Chowdhury, Managing Director and Chief Executive Officer of Trust Bank PLC, was present to witness the proceedings alongside other senior officials and executives from both corporate entities.

Key Signatories and Leadership Present

The following table outlines the key representatives from both organisations who participated in the official MoU signing ceremony:

OrganisationRepresentativeDesignation / Role
Trust Bank PLCAhsan Zaman ChowdhuryManaging Director & Chief Executive Officer
Trust Bank PLCMd. Mahboob HossainSenior Executive Vice President & Head of Business (Signatory)
SenaKalyan Constructions & Developments LtdBrig. Gen. Rezaul Karim (ndc, psc)Managing Director (Signatory)

Scope and Objectives of the Collaboration

According to an official media release issued by the organisations, the primary objective of this agreement is to streamline the financing process for residential property development and acquisition. By combining Trust Bank’s retail banking infrastructure with the real estate and construction footprint of SenaKalyan Constructions & Developments Limited, the partnership aims to offer competitive mortgage products and financial solutions.

Under the framework established by the MoU, eligible customers from both entities will gain access to dedicated housing finance facilities. This initiative is expected to simplify the loan application and approval process for individuals seeking to construct or purchase residential properties through SenaKalyan’s various development projects. The collaborative framework intends to leverage Trust Bank’s established retail credit operations to deliver efficient service and structured repayment terms to applicants.