Dhaka, June 4 -- The Commercial Bank of Ceylon PLC Bangladesh Operations (CBC) has entered a strategic partnership with Nestle Bangladesh PLC to arrange distributor financing solutions, according to a press release.

Under the agreement, Nestle'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 Nestle Bangladesh PLC, said in his remarks, "Nestle 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 o...