Nestlé Bangladesh, Commercial Bank of Ceylon join hands for distributor financing solutions

The Commercial Bank of Ceylon PLC Bangladesh Operations (CBC) has entered a strategic partnership with Nestlé Bangladesh PLC to arrange distributor financing solutions, according to a press release.

Under the agreement, Nestlé’s authorized distributors will receive privileged credit facilities designed to meet their working capital needs and drive business continuity and growth.

Deepal Abeywickrema, Chairman and Managing Director of Nestlé Bangladesh PLC, said in his remarks, “Nestlé Bangladesh PLC has been the pioneer in Customer Financing in Bangladesh and expanding this Customer Financing Program with Commercial Bank of Ceylon. I am excited to see the rollout of another ‘industry first’ innovative solution, focused on ‘Customer Centricity’, together by Nestlé Bangladesh PLC and Commercial Bank of Ceylon”.

This partnership showcases Commercial Bank's commitment to empowering businesses and driving sustainable growth by providing tailored financial solutions that transform Bangladesh's commercial banking landscape.