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ZTBL

Agriculture loan: outstanding portfolio increased to Rs 290.35 billion

December 16, 2014 - Zaheer Abbasi - BR Report - The outstanding portfolio of agriculture loan has increased from Rs 257.09 billion to Rs 290.35 billion at end June, 2014 as compared to same period last year. Sources told Business Recorder that a recent meeting of the National Assembly's Standing Committee on Finance was further informed that in line with the government focus on promoting agriculture, the target of Rs 500 billion has been set for 2014-15 which is 54 percent of the agri…

Senate Committee for including progressive farmers in ZTBL Board

Thursday, 16 January 2014 ISLAMABAD: Senate Standing Committee on National Food Security and Research Thursday called for including progressive agriculture growers in the Board of Directors of Zarai Taraqiati Bank (ZTBL) to ensure best policies suitable for small and medium farmers. "Currently the members of the board are industrialists who make policies only for the benefit of middle men and industrialists", said Chairman of the Committee Senator Syed Muzafar Hussain Shah here on…

Agriculture: ZTBL’s business virtually paralysed?

December 02, 2013 MUSHTAQ GHUMMAN Zarai Taraqiati Bank Limited's official business is virtually paralysed due to the absence of a Board of Directors (BoD) after Islamabad High Court issued stay order against its members, well-informed sources told us. The new Board is to be reconstituted by the Finance Ministry; but the State Bank of Pakistan (SBP) recently turned down ZTBL''''s request to extend the deadline for submission of financial accounts due to non-existence of BoD. "The…

ZTBL to establish chain of Model Farms

September 09, 2013 Zarai Taraqiati Bank Limited (ZTBL) has decided to establish a chain of ZTBL Model Farms in all the four provinces including Gilgit-Baltistan and Azad Kashmir. A spokesman of the ZTBL told APP here Sunday that the decision to this effect has been taken to further augment and make efforts for more meaningful farming for the benefits of the growers throughout the county. He said, "these model farms would be equipped with latest agriculture machinery and technological…

Agricultural credit for Kharif crops: ZTBL begins One Window Operation

April 06, 2013 Disbursement of agricultural credit for Kharif crops through 'One Window Operation' has been started by Zari Taraqiati Bank Limited (ZTBL). A spokesman of Punjab Agriculture Department has advised farmers to get benefit by the facility of loan disbursement through One Window Operation and purchase agricultural inputs for Kharif crops in time to get more income. The spokesman said that farmers holding up to 25 acres irrigated and 50 acres Barani land are eligible to get…

ZTBL Treasury Department inaugurated in Karachi

February 19, 2013 The President Zarai Taraqiati Bank Ltd (ZTBL) Ihsanul Haq Khan formally inaugurated Treasury Department of ZTBL at Karachi, which was established with the approval of the Board of Directors of ZTBL in May 2012, says a press release issued on Monday. On this occasion, the President congratulated and highly appreciated the efforts of the Treasury team for establishing and running successful treasury operations of the Bank in short span of time. The President said that…

Agriculture credit disbursement up 17 percent

April 24, 2012: Agricultural credit disbursement by banks surged by 17 percent on year-on-year basis to Rs 197.361 billion in the first nine months (July-March) of the current fiscal year (2011-12). In absolute terms, disbursement of credit to agriculture sector increased by over Rs 28.674 billion in July-March, 2012 as compared with total disbursement of Rs 168.687 billion in the same period of last fiscal year. Overall credit disbursement by five major commercial banks including Allied Bank…

US to help boost agri sector

ISLAMABAD (January 28 2010): The US Consulate General Lahore, Bryan D Hunt, on Wednesday said that his country would support Pakistan in the development of agriculture related technology to boost the productivity and improve farmers’ income and for prosperity of Pakistan. He said this while addressing the orientation course held for the participants of newly inducted Mobile Credit Officers (MCOs) of Zarai Taraqiati Bank Limited (ZTBL), here on Wednesday afternoon. Chaudhry Zaka Ashraf,…

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