Eastern Bank Limited (EBL) has taken initiative to extend loans for setting up solar power, biogas and effluent treatment plants, said a press release.

It is pledge in bound to promote solar power and alternate energy sources to face electricity and gas shortage as well as to sustain the ecological balance and protect human health.

EBL Managing Director and CEO Ali Reza Iftekhar presented a crest to Utility Animal House Limited (UAHL) Managing Director Iftekhar Alam as the first SME client at a function organised by SEDF in the city recently.

Bangladesh Bank Governor Atiur Rahman was present on the occasion.

IFC Vice President Russell Kyte, managing directors of different banks, high officials of SEDF and EBL Head of Business (SME) Md Khorsed Alam were also present at the function.