LHB deals with StandChart for ‘Distributor Financing’

Rajesh K Surana, CEO of LafargeHolcim Bangladesh Limited and Abrar A. Anwar, CEO of Standard Chartered Bank Bangladesh, inks a deal for 'Distributor Financing" to enhance its business capacity recently. Five distributors of LafargeHolcim Bangladesh Limi
Rajesh K Surana, CEO of LafargeHolcim Bangladesh Limited and Abrar A. Anwar, CEO of Standard Chartered Bank Bangladesh, inks a deal for 'Distributor Financing" to enhance its business capacity recently. Five distributors of LafargeHolcim Bangladesh Limi
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Business Desk :
LafargeHolcim Bangladesh Limited (LHB) has become the latest partner to sign up with Standard Chartered Bank (SCB) for ‘Distributor Financing” program – a financing program offered by SCB for the distributors of LHB to enhance their business capacity. This global program is part of the Bank’s ‘Banking the ecosystem’ initiative, which aims at deepening relationships with corporate clients, and their buyers, says a media release.
Rajesh K Surana, CEO of LafargeHolcim Bangladesh Limited and Abrar A. Anwar, CEO of Standard Chartered Bank Bangladesh, signed the agreement on behalf of their companies. Five distributors of LafargeHolcim Bangladesh Limited along with other senior officials of the two companies were also present in the program.
With this initiative, the distributors of LHB will be able to avail financing facilities from Standard Chartered Bank.

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