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UBL, Buksh Energy ink accord for agri financing solutions

United Bank Limited (UBL) has partnered with Buksh Energy (Pvt) Limited to provide financing for alternate energy (solar) solutions to individual farmers, meeting their irrigation as well as domestic power demands. With this partnership, UBL aims to serve the farming community through financing of solar tube wells for energy conservation. Buksh Energy will be providing all engineering and after sales services to farmers for running and maintenance of the solar equipment. Ali Hasnain Group Executive Retail Bank said, “With over 20 percent of Pakistan’s GDP accounted for by agriculture, UBL realises its significance to the country’s economy. UBL Agriculture Finance aims to facilitate farmers via production and development loans-with flexible tenors.

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