LafargeHolcim Bangladesh inks deal with Citibank

FE Team | Published: August 08, 2018 21:55:13

CEO of LafargeHolcim Bangladesh Limited (LHBL) Rajesh K Surana and Managing Director and Citi Country Officer, Bangladesh N. Rajashekaran exchanging documents after signing an agreement on behalf of their respective organisations at LHBL corporate office at Ninakabbo, Tejgaon, Dhaka recently

LafargeHolcim Bangladesh Limited (LHBL) and Citibank, N.A., Bangladesh have signed an agreement towards cooperation that enables LHBL to implement its 'Supplier Invoice Financing' programme, according to a statement.
The programme enables LHBL suppliers to receive payments earlier than the scheduled agreed payment date with LHBL.
With the presence of senior officials from both the organisations and valued LHBL suppliers, the signing ceremony was held at LHBL corporate office at Ninakabbo, Tejgaon, Dhaka recently.
Rajesh K Surana, CEO of LHBL and N. Rajashekaran, managing director and Citi Country Officer - Bangladesh, signed the agreement on behalf of their respective organisations.
"Supplier Invoice Financing" is a programme offered by LHBL for their loyal and long standing suppliers. Under this programme, LHBL's suppliers will avail early payment facility with simple and convenient terms and procedures.