BRAC Bank to provide Distributor Channel Financing to Pidilite Speciality Chemicals
BRAC Bank has signed an agreement with Pidilite Speciality Chemicals (BD) Pvt. Ltd. to provide financing solutions for the distributors of the adhesive manufacturing company.
This agreement will empower Pidilite's distributors across the country by granting them access to convenient term loans from BRAC Bank, ensuring seamless business operations.
The initiative is particularly beneficial for Pidilite's dealers and distributors, as they will now receive consistent and reliable funding to support their working capital needs.
Under the agreement, Pidilite's distributors in Bangladesh can avail both secured and unsecured loans. By leveraging the bank's advanced corporate internet banking platform, CORPnet, distributors can transfer payments to the manufacturer swiftly and efficiently...