Tag: disbursement

Agri credit disbursement surges to Rs 288.7b

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STAFF REPORT KHI: During first eight months of the current fiscal year (July-Feb. 2015) the banks disbursed Rs 288.7 billion which is 57.8 per cent of the overall annual target of Rs 500 billion and 32.3 per cent higher than the disbursement of Rs 218.3 billion made during the corresponding period last year. The outstanding portfolio of agriculture loans has increased by Rs 34.2 billion i.e. from Rs 273.4 billion to Rs 307.6 billion by February 2015 as compared to same period last year.…Read More

Nadra reforms old pension disbursement system

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article image STAFF REPORT IBD: NADRA in collaboration with EOBI has launched the Pension Disbursement Project for all the pensioners enrolled with EOBI. Pension shall be disbursed to EOBI pensioners holding chip based Smart National Identity Card (SNIC) of NADRA at e-Sahulat points spread nationwide."It is the first time in Pakistan that EOBI pensioners will receive pensions through SNIC with the live biometric verification which will also be performed at NADRA e-Sahulat franchisees across Pakistan,…Read More

Farm credit disbursement surges by over 13 per cent

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article image STAFF REPORT IBD: The agricultural credit disbursement by banks surged by 13.21 per cent on year-on-year basis to Rs 169.42 billion in the first seven months of the ongoing fiscal year. In absolute terms, disbursement of credit to the agriculture sector increased by over Rs 19.77 billion in July-January, 2013 when compared with the total disbursement of Rs 149.65 billion in the same period of the last fiscal year.According to the available data, the overall credit disbursement by five major…Read More

Farm credit disbursement surges to Rs. 255b

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article image 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 compared with total disbursement of Rs 225.461 billion in the same period of the last fiscal year. The bank said that overall…Read More