Business Desk :
LafargeHolcim Bangladesh Limited (LHBL) and Citibank, N.A., Bangladesh have signed an agreement towards cooperation that enables LHBL to implement its ‘Supplier Invoice Financing’ program.
The program enables LHBL suppliers to receive payments earlier than the scheduled agreed payment date with LHBL. With the presence of senior officials from both the organizations and valued LHBL suppliers, the signing ceremony was held at LHBL corporate office in the city on Sunday, said a press release.
Rajesh K Surana, CEO of LHBL and N Rajashekaran, Managing Director and Citi Country Officer, Bangladesh, signed the agreement on behalf of their respective organizations.
“Supplier Invoice Financing” is a program offered by LHBL for their loyal and long standing suppliers. Under this program, LHBL’s suppliers will avail early payment facility with simple and convenient terms and procedures. The Suppliers’ business reputation, track record and standing with LHBL will be the main criteria to be eligible to participate in this program. The program will help them to grow their business and also contribute to the continued success and growth of LHBL.
LafargeHolcim Bangladesh Limited (LHBL) and Citibank, N.A., Bangladesh have signed an agreement towards cooperation that enables LHBL to implement its ‘Supplier Invoice Financing’ program.
The program enables LHBL suppliers to receive payments earlier than the scheduled agreed payment date with LHBL. With the presence of senior officials from both the organizations and valued LHBL suppliers, the signing ceremony was held at LHBL corporate office in the city on Sunday, said a press release.
Rajesh K Surana, CEO of LHBL and N Rajashekaran, Managing Director and Citi Country Officer, Bangladesh, signed the agreement on behalf of their respective organizations.
“Supplier Invoice Financing” is a program offered by LHBL for their loyal and long standing suppliers. Under this program, LHBL’s suppliers will avail early payment facility with simple and convenient terms and procedures. The Suppliers’ business reputation, track record and standing with LHBL will be the main criteria to be eligible to participate in this program. The program will help them to grow their business and also contribute to the continued success and growth of LHBL.
