ZTBL has outstanding loans of Rs10.9b against farmers.

 
FREE EXCERPT

Islamabad -- Zarai Taraqiati Bank Limited (ZTBL) has outstanding loans of Rs10911.66 million against farmers of four provinces, AJK and GB in 2019, with the farmers in Punjab owes the largest share of more than 62 precent.

The Senate Functional Committee on Problems of Less Developed Areas which met with Senator Muhammad Usman Khan Kakar in chair was informed that in 2019, Zarai Taraqiati Bank Limited has written off around Rs26.65 million to farmers in four provinces, AJK and GB with farmers from Punjab share was around 63 percent.

The Senate Functional Committee on Problems of Less Developed Areas in its meeting was given a briefing on ZTBL loans granted, recovered, waived off, outstanding for all the less developed areas of the country. Details of all employees of ZTBL from less developed areas working on regular, contract, ad hoc and on deputation basis from were also provided.

The committee was informed that 70 percent or 33461 of 48253 farmers who received loans from ZTBL in 2019 were from Punjab. The committee was informed that for 2019, in Punjab 33461 borrowers were given Rs6166.373 million in Layyah, Loshran, Muzaffargarh, Rajanpur. It makes 10% of total Punjab disbursement. In Sindh 7144 borrowers were disbursed Rs2109.469 million in Badin, Dadu, Jaccobabad, Kamber and Shahdad Kot, Kashmore, Sanghar, Tharparkar, Umerkot. In Khyber Pakhtunkhwa 3287 borrowers were given Rs746.336 million in Bannu, Battagram, Bunair, Chitral, DIKhan, Dir, Kohistan, Lakki Marwat, Shangla, Tank. In Balochistan 281 borrowers were given Rs86.98 million in Barkhan, Bolan, Jaffarabad, Kalat, Khuzdar, Kohlu, Lasbela. In Azad Jammu and Kashmir 2659 borrowers were disbursed Rs 3777.264 million in Bagh, Bhimber, Hattian, Haveli, Kotli, Mirpur, Muzaffarabad, Poonch, Sudhnoti. In Gilgit Baltistan 1421 borrowers were given Rs328.547 million in Astore...

To continue reading

REQUEST YOUR TRIAL