Page 30 · Business & Finance

FCEPL partners with Citi for suppliers

FRIESLANDCAMPINA Engro Pakistan Limited (FCEPL) has partnered with Citi Pakistan through the Citi Supplier Finance digital platform for its suppliers, reinforcing a shared commitment to strengthening supplier relationships and enhancing supply chain resilience, as per a press release.The programme aims to strengthen FCEPL’s supplier relationships by enabling them to receive early payments while allowing the company to maintain its agreed payment terms.

This supports a bilateral working capital strategy without impacting cash flow throughout the transition period. ‘One of the most common issues we see within the supplier landscape is financial imbalance, which leads to competent candidates often missing out on opportunities to secure transactions and contracts,’ said Kashan Hasan, Managing Director, FrieslandCampina Engro Pakistan Limited. Through this collaboration, eligible FCEPL suppliers will gain access to competitive, cost-effective financing against approved invoices, thereby improving liquidity and financial flexibility.

The programme is designed to support suppliers’ growth and contribute to a stronger and more resilient supply chain ecosystem.

‘By extending financing to suppliers, we are helping businesses access working capital on better terms and giving them more room to operate and grow,’ added Habib Yousuf, Citi Country Officer & Banking Head, Citi Pakistan. •