AKBL, FFC sign MoU to Facilitate Small Farmers


Observer Report


Askari Bank Ltd and Fauji Fertilizer Company agreed to build cooperation by signing a memorandum of understanding to establish All-Encompassing Sona Farmer Community Centers which will bring technical, financial and educational support to farmers under one roof. According to the (MoU), Askari Bank Ltd shall be extending Agriculture Loans to small farmers registered and recommended by Sona Welfare Foundation (SWF), a not for profit organization of FFC. The MoU was signed by Brig Ashfaq Ahmed, SI (M) (Retd), Company Secretary of FFC and Fahd Sardar Khan, Country Head Agriculture & Rural Business Division of Askari Bank Ltd in the presence of (Gen) Tariq Khan, HI (M) (Retd), Managing Director FFC and Abid Sattar, President & CE Askari Bank Ltd and Senior Management of the two organizations.