LAHORE: The Bank of Punjab (BOP) and InfraZamin Pakistan (IZP) have entered into a strategic Memorandum of Understanding (MoU) aimed at strengthening Pakistan’s agricultural warehousing infrastructure through a credit guarantee–backed financing framework. This initiative represents a significant move towards enhancing post-harvest storage capacity, mobilizing private-sector investment, and supporting long-term agricultural development in the country.
Under the newly signed MoU, The Bank of Punjab and InfraZamin will collaborate on the rollout of the Credit Guarantee–Backed Warehousing Infrastructure Financing Scheme, which seeks to facilitate the construction, expansion, and modernization of agricultural storage facilities nationwide. Through this partnership, BOP is being positioned as a key Participating Financial Institution capable of channeling long-term, local-currency financing to warehouse operators, farmers, and agri-value chain players.
Speaking at the signing, the Group Chief Consumer Banking Group of BOP emphasized that this collaboration will materially enhance the banking sector’s capacity to lend in segments that have previously been perceived as high-risk. He highlighted that InfraZamin’s credit guarantee structure will allow financial institutions to confidently extend credit to warehousing and storage infrastructure by mitigating underlying risk exposures.
Amir Masood Chief Investment Officer of InfraZamin Pakistan remarked on the occasion “Our collaboration with the Bank of Punjab marks a significant milestone in expanding structured and affordable financing for Pakistan’s agriculture sector.
Copyright Business Recorder, 2025