February 18, 2014
Acting Governor, State Bank of Pakistan, Ashraf Mahmood Wathra, has announced a six-point action plan for boosting agricultural financing in the country.
Addressing a meeting of Agricultural Credit Advisory Committee (ACAC) at SBP, Karachi on Monday he outlined his action plan that includes (i) the launch of Financial Innovation Challenge Fund (FICF) in Rural and Agriculture Finance to foster innovation and test new markets, lower cost of delivery, streamlining systems…
January 30, 2014
With a view to enhancing the access of formal financing to the farming community and to bring regulatory framework for farmers'' financing in line with the changing business environment, the State Bank of Pakistan (SBP) has issued revised Prudential Regulations for agriculture financing.
The revised instructions call upon banks to develop robust and market-oriented policies and practices to promote enhanced flow of credit to the agriculture sector without compromising…