Allied Bank Limited (ABL) has concluded a series of awareness activities to promote its Warehouse Facility, a financing solution designed to help agricultural businesses overcome long-standing barriers to credit access.
The facility allows millers, traders, farmers, and agri-enterprises to obtain working capital against their stored stock rather than traditional collateral such as land or property. This approach addresses a major challenge faced by small and medium enterprises and farmers who lack conventional guarantees.
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The bank said the impact of the facility is already visible, helping agricultural enterprises maintain smoother cash flows during peak trading seasons, negotiate better market rates, and avoid distress selling. Commodities can be stored free of charge in secure, bank-managed warehouses with 24/7 surveillance and transparent record-keeping. Borrowers are also exempt from Muqaddam charges, while the insurance cost of stored commodities is fully borne by the bank.
To raise awareness, ABL organized on-ground engagement activities at major grain markets and warehouse sites, including Mandi Faizabad, Kamoke, Ghakkar, Toba Road Jhang, Athara Hazari Jhang, Pakpattan Road Sahiwal, and Muneerabad Multan. Over 3,200 farmers, traders, and agri-entrepreneurs attended the events, which featured walk-throughs, interactive sessions, on-spot enrolment, and consultations with bank representatives.
A local trader in Jhang praised the facility, stating, “Using my stock as collateral means I can expand my trade without worrying about hidden costs. It has truly changed the way I do business.”
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Currently, 8 warehouses are operational with plans for expansion. ABL said the initiative demonstrates its commitment to supporting the agricultural sector, improving access to finance, and enabling sustainable business growth in one of Pakistan’s most vital economic areas.