Proposal for renewal of the existing composite limit for further one year.
20 May 2023
The Manager
XYZ Bank Ltd.
Principal Branch.
*** Building, Motijheel C/A,
Dhaka-1000
Dear Sir,
Proposal for renewal of the existing composite limit of Tk.****Crore only for further 01 years.
You are aware that we are maintaining a sound business relationship with your branch from inception. We appreciate for your financial support favoring us from time to time.
Presently, we request you to please renew the existing working capital facilities vide sanction letter no. SBL/PB/Inv./2021/1272 dated 02.08.2021. LC Limit (revolving Local/Foreign/Sight/Deferred- EDF, OBU & UPAS]-TK.*** Crore, MDBP Limit Tk.****Crore, MPI-TR Limit-TK.**** and Corporate –Bai Muajjal (General) Limit Tk.***Crore) only availing from with your branch which will be expired on 30.06.2023
Therefore, we would request you to please renew the existing credit facilities lying with your bank for further 01 (One) year from the existing expiry date and give us a chance to continue the strong business relationship with your good office.
Your early action for renewal the existing credit limits will be highly appreciated.
Thanking you,
*********
Managing Director