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Sunday September 08, 2024

Askari Bank, FFC signs: MoU to empower farmers thru financing solutions

By PR
July 30, 2024
Officials of Askari Bank Limited (AKBL) and Fauji Fertilizer Company Limited (FFC) are signing the Memorandum of Understanding (MoU) in this undated photo. — website/Askari Bank
Officials of Askari Bank Limited (AKBL) and Fauji Fertilizer Company Limited (FFC) are signing the Memorandum of Understanding (MoU) in this undated photo. — website/Askari Bank

KARACHI: Askari Bank Limited (AKBL) and Fauji Fertilizer Company Limited (FFC), have entered into a strategic partnership to enhance agricultural financing in Pakistan.

The Memorandum of Understanding (MoU) signing ceremony took place at FFC Head Office.

Through this collaboration, AKBL and FFC aim to provide easier access to credit and tailored financial solutions for farmers, promoting the adoption of modern agricultural practices.

This collaboration showcases AKBL’s effort towards fostering sustainable growth in the agricultural sector by facilitating enhanced financial inclusion and productivity. In the same vein, this initiative underscores FFC’s commitment to supporting agricultural development and improving farmer livelihoods across the country.

Members of senior management of both organizations expressed their strong commitment for this collaboration highlighting its potential to drive transformative change in farming communities across Pakistan.They also reaffirmed their dedication to fostering a conducive environment for agricultural innovation and growth.