Staff Reporter
Karachi
Bank Alfalah organized first of its kind Supply Chain Finance round table conference, a platform for interactive discussion with corporate clients from across the industries.
The round table conference brought together officials from IFC (World Bank Group), who are engaged with Bank Alfalah for establishment of Supply Chain Finance solutions and key decision makers of corporates from diversified sectors. The session enabled corporates in identifying financing needs of their supply chain members without hurting their own cash flows and in choosing the right suite of products for working capital problems of their suppliers & buyers.
“Supply chain finance is on the cusp of a revolution in Pakistan, shaken up by the increasing use of technology in transaction services.
There is evidently a long way to go, but while the external environment continues to evolve, the banks must advance in parallel in adapting their internal processes.
