Eastern Bank Ltd (EBL) has arranged a startup financing programme to disburse Tk 1 crore in favour of ShareTrip, a travel booking site of the country.

Earlier, the bank launched the startup loan product "EBL Startup Explorer" in association with Startup Bangladesh, keeping the highest ceiling of the loan product set at Tk 1 crore, the bank said in a statement.

Md Ashikur Rahman, director of Bangladesh Bank; Ali Reza Iftekhar, managing director and CEO of EBL, and Sadia Haque, chief executive officer of ShareTrip, attended the programme held at EBL head office in Dhaka yesterday.

"EBL gives priority to those who pursue the goal of digital transformation of Bangladesh. Digital transformation is always associated with technology and innovation," said the EBL managing director.

"This kind of support will motivate us to rise above, and we are very optimistic about our future," said the ShareTrip CEO.

M Khorshed Anowar, deputy managing director of EBL; Syed Zulkar Nayen, head of business; Mohammad Salekeen Ibrahim, head of asset, retail and SME, and Md Shabu Munshi, head of asset and SME, were also present.