BRAC Bank partners with Edison Industries

Business Desk :

BRAC Bank has partnered with Edison Industries Limited to provide distributor financing to its nationwide distributor network.
Under this collaboration, distributors can purchase products and services directly from Edison Industries with both secured and unsecured financing from BRAC Bank. The facility aims to streamline distributor operations and accelerate business growth, says a press release.

Edison Industries assembles mobile phones marketed under the brand names Symphony and Helio. It is a sister concern of Edison Group, one of the country’s leading conglomerates with interests spanning electronics and home appliances, footwear, logistics, power, real estate, freight forwarding, information technology and other industries in Bangladesh.

The partnership was formalised through a signing ceremony attended by senior officials from both organisations.