Browsing Tag credit
Farm credit disbursement surges to Rs. 255b
By Technology Times at June 23, 2012 | 5:05 pm | 0 Comment
STAFF REPORT KHI: The agricultural credit disbursement by banks surged by 13.11 per cent on year-on-year basis to over Rs 255 billion in the first eleven months (July-May) of the outgoing fiscal year, said State Bank of Pakistan here. SBP said in absolute terms, disbursement of credit to the agriculture sector increased by over Rs 29.566 billion in July-May, 2012 when more...
Farm credit release down by 15pc
By Technology Times at May 29, 2012 | 12:17 pm | 0 Comment
STAFF REPORT KHI: The agricultural credit disbursement by banks surged by 15.29 per cent on year-on-year basis to Rs 223.845 billion in the first ten months of the current fiscal year. In absolute terms, disbursement of credit to the agriculture sector increased by over Rs 29.688 billion in July-April, 2012 when compared with total disbursement of Rs 194.157 billion in more...
Farm credit mechanism needs major overhaul
By Technology Times at February 6, 2012 | 1:43 pm | 0 Comment
STAFF REPORT IBD: Pakistan has witnessing increase in farm credit this fiscal year by Rs125 billion, including Rs5.5 billion by the microfinance banks and with the 21 per cent contribution to the GDP, the farm sector continues to be the country’s most important economic sector. However, despite such increase over the past decade, the net share of agricultural credit in more...
Hazara farmers to get Rs 1.6b SBP credit
By Technology Times at February 6, 2012 | 12:54 pm | 0 Comment
STAFF REPORT IBD: The State Bank of Pakistan (SBP) will disburse agricultural loans to the tune of Rs 1.60 billion amongst 12,000 growers and land owners of Hazara Division through commercial banks and other financial institutions. Deputy Chief Manager, SBP, Rawalpindi, said this at a recently held meeting with Commissioner, Hazara, Khalid Khan Umerzai. He said that an more...
