Detecting locationโ€ฆ
Breaking News

FFC Signs MOUs with Leading Banks to Enable Rs. 1 Billion in Clean Farmer Financing

FFC Signs MOUs with Leading Banks to Enable Rs. 1 Billion in Clean Farmer Financing

Fauji Fertilizer Company (FFC) has partnered with four leading banks to provide clean financing of up to Rs. 500,000 for farmers registered with its Sona Centers, ensuring greater financial inclusion and agricultural growth.

The signing ceremony at Serena Hotel, Islamabad, was attended by Chairman of the Board of FFC, Lt. Gen Anwar Ali Hyder (R), MD & CEO FFC, Mr. Jahangir Piracha along with Mr. Zafar Masud, President & CEO Bank of Punjab; Mr. Atif Aslam Bajwa, President Bank Alfalah, Mr. Zia Ijaz, President & CEO, Askari Bank Limited and Mr. Altaf Hussain Saqib, Head of Commercial Banking at Faysal Bank.

Read more: FFC Announces Annual Financial Results for the Year 2024

The initiative echoed the importance of collaborating with FFC to extend financial support to the backbone of Pakistanโ€™s economyโ€”the farmers. They reaffirmed their commitment to bridging the gap between financial institutions and the agricultural sector, making credit facilities more accessible and farmer-friendly.

Under this agreement, farmers will gain access to hassle-free credit, allowing them to invest in quality inputs and improve their agricultural outputs.

This collaboration marks a milestone in agricultural finance, reinforcing FFCโ€™s commitment to farmer empowerment, financial inclusion, and sustainable agricultural development.

Picture of Ahmer Nadeem

Ahmer Nadeem

Ahmer is an experienced digital media journalist, equally skilled in covering parliament and breaking stories. With expertise spanning culture, politics, technology, and human interest, he brings depth and diversity to his reporting. His versatility extends to lifestyle and arts, making him a dynamic storyteller driven by accuracy, insight, and impact.
Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

Ahmer Nadeem

Journalist
Ahmer is an experienced digital media journalist, equally skilled in covering parliament and breaking stories. With expertise spanning culture, politics, technology, and human interest, he brings depth and diversity to his reporting. His versatility extends to lifestyle and arts, making him a dynamic storyteller driven by accuracy, insight, and impact.

Trending

Latest