Islamabad, Pakistan – Fauji Fertilizer Company (FFC) has partnered with four leading banks to offer clean financing of up to Rs. 500,000 for farmers registered with its Sona Centers. This initiative aims to promote financial inclusion and support agricultural growth across Pakistan.
The signing ceremony, held at Serena Hotel, Islamabad, was attended by prominent industry leaders, including Chairman of the Board of FFC, Lt. Gen Anwar Ali Hyder (R), and MD & CEO of FFC, Mr. Jahangir Piracha. Also present were Mr. Zafar Masud, President & CEO of Bank of Punjab; Mr. Atif Aslam Bajwa, President of Bank Alfalah; Mr. Zia Ijaz, President & CEO of Askari Bank Limited; and Mr. Altaf Hussain Saqib, Head of Commercial Banking at Faysal Bank.
The collaboration highlights the collective commitment to empowering Pakistan’s agricultural sector by bridging the gap between financial institutions and farmers. The partnership will provide registered farmers with easy access to credit, enabling them to invest in quality inputs and enhance agricultural productivity.
Speaking at the event, FFC leadership emphasized the significance of supporting farmers, who are the backbone of Pakistan’s economy. They underscored the importance of fostering financial inclusion and making credit facilities more accessible and farmer-friendly.
Under this agreement, farmers will benefit from hassle-free financing, allowing them to improve their agricultural outputs and contribute to the country’s food security. This partnership marks a milestone in agricultural finance, reinforcing FFC’s dedication to farmer empowerment, sustainable agricultural development, and strengthening the rural economy.
The initiative is expected to positively impact thousands of farmers by providing the financial resources necessary to modernize and expand their agricultural practices.
