KARACHI: Faysal Bank Limited and Ontex Pakistan Private
Limited have formed an alliance for supply chain financing arrangement to
facilitate distributors of Ontex across Pakistan, a statement said on Monday.
Ontex,
a Belgium-based leading personal hygiene company, has joined hands with Faisal
Bank to facilitate distributors of Ontex to enhance and grow business in
Pakistan.
Fouad
Farrukh, head of retail banking, Faysal Bank, said, “Faysal Bank is committed
to deliver specialised solutions across the spectrum of trade finance and
services through its supply chain financing arrangements. The depth and breadth
of our trade solutions coupled with our extensive footprint put us in a unique
position to service the changing needs of our clients across the country.”
Haroon
Rashid, general manager, Ontex Pakistan, said, “It is a pleasure to have this
alliance with one of the leading banks in Pakistan, which will go a long way in
facilitating us and our business partners/distributors to exponentially
grow our business in the years to come.”
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