Zarai Taraqiati Bank


Zarai Taraqiati Bank

The Zarai Taraqiati Bank Limited (ZTBL) is located in Islamabad, Pakistan. It provides development aid to the farming industry in Pakistan. It was also known as Agricultural Development Bank of Pakistan (ADBP).

About

Ztbl current President is Muhammad Zaka Ashraf, he took his charge after resignation of Mansur Khan [http://www.thenews.com.pk/top_story_detail.asp?Id=16152] It is the premier financial institution geared towards the development of the agricultural sector through the provision of financial services and technical know-how.

Public Limited Company

The restructuring of the former ADBP is being carried out with the aim to uplift the agriculture and rural sector by raising farm productivity, streamlining the institutional credit and increasing the income generating capacity of the farming community. ZTBL was incorporated as a public limited company on 14 December, 2002 through repeal of "ADB Ordinance" of 1961.

The new corporate structure redefines the bank's status as a public limited company registered under companies Ordinance'1984 with an independent Board of Directors which aims at ensuring good governance, autonomy, delivering high quality.

Initiatives

Sairab Pakistan SchemeWater plays vital role to improve per acre yield. Out of total 31 million hectors area of Pakistan, 22 million hectors is cultivated while 9 million hectors is culturable waste mainly due to non-availability of water [http://www.ztbl.com.pk/sairab.htm]

White Revolution SchemeIn order to modernize the dairy farming for increasing milk supply and mitigate poverty in the country and improving the living standards of the rural inhabitants, a strategic partnership between ZTBL and M/s. Pakistan Dairy Development Company [http://www.ztbl.com.pk/whiteRev.htm]

Development LoansLoans for purchase of items like farm machinery/tractors, irrigation, land development, orchard/green houses, on-farm godowns/storages, dairy, poultry, fishery, livestock farming and are recoverable within period exceeding 18 months [http://www.ztbl.com.pk/developmentLoan.htm] Production Loans Loans for seed, fertilizer, pesticides, labour charges and POL etc. to grow crops and vegetables including working capital for poultry, dairy, orchard, fishery and are recoverable within 18 months [http://www.ztbl.com.pk/productionLoan.htm]

Zarkhaiz-One Window Operation Under Zonal Chief Sargodha Chaudhary Muhammad Asghar, President of Zaraii Taraqiati Bank Muhammad Zaka Ashraf inaugrated a One-Window operation for Rabi Season Lending on 6th October, 2008 [http://www.app.com.pk/en_/index.php?option=com_content&tast=view&id=54822&Itemid=49]

See also

* State Bank of Pakistan
* National Bank of Pakistan

Refrences

External links

* [http://www.ztbl.com.pk/ Zarai Taraqiati Bank Limited]


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