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Commercial Bank of Ceylon PLC Bangladesh Operations (CBC) has entered into a strategic partnership with Nestlé Bangladesh PLC to arrange distributor financing solutions. Under the agreement, Nestlé's authorized distributors will have the support of privileged credit facilities designed to meet their working capital needs and drive business continuity and growth.
Mr. Najith Meewanage, CEO of Commercial Bank of Ceylon, and Mr. Mr. Deepal Abeywickrema, Chairman and Managing Director of Nestle Bangladesh formalized the collaboration on behalf of their respective organiza- tions.
Senior officials from both entities attended the ceremony, including Mr. Kasun Herath (Deputy CEO & COO), Mr. Mahmud Hossain (Deputy CEO & Head of Corporate Banking) and Mr. Ahmed Zafrul Hasan (Unit Head) from CBC alongside Gehan Yasith Attanayake (CFO), Iqbal Mahmud Hossain(sales Director) and Mahammad Abdul Hai (Manager-Treasury, Risk & Insurance) from Nestle Bangladesh PLC.
This partnership is a testament to Commercial Bank's commitment to empowering businesses and facilitating sustainable growth across key sectors. By offering financial solutions that are tailored to the operational realities of valued corporate partners, CBC continues to play a transformative role in shaping Bangladesh's commercial banking landscape.