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 the Chairman of the Board of FFC, Lt. Gen Anwar Ali Hyder (R), MD & CEO of FFC, Mr. Jahangir Piracha, along with Mr. Zafar Masud, President & CEO of 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.
The initiative echoed the importance of collaborating with the FFC to extend financial support to Pakistan’s backbone—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 access hassle-free credit, allowing them to invest in quality inputs and improve their agricultural outputs.
This collaboration marks a milestone in agricultural finance, reinforcing FFC’s commitment to farmer empowerment, financial inclusion, and sustainable agricultural development.