Tag: credits

Banks farm credits up by 12pc

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article image STAFF REPORT LHR: Disbursement of agricultural credit by banks increased 12 per cent to Rs140.32 billion in the first half (July-December) of the current fiscal year compared to the corresponding period of previous year.According to figures released by the State Bank of Pakistan, in July-December 2011, farmers had borrowed Rs125.21 billion from the banks.Of the total lending to farmers, five major commercial banks - Allied Bank, Habib Bank, MCB Bank, National Bank and United Bank - enjoyed a…Read More