ZTBL targets Rs65b credit for disbursement this year
By Tariq Chaudhry

ISLAMABAD—Zarai Taraqiati Bank Limited (ZTBL has set a targets of Rs.65 billion credit to be disbursed among the farmers this year.
“ The ZTBL must focus on expanded outreach to disburse minimum target of Rs 65 billion as farm credit this year”, the Bank sources said. The added that recovery of Special Asset Management (SAM) loans of Rs.10 billion and deposit base of Rs. 6 billion will be this year’s target.
The sources said that the Bank’s field functionaries to identify new borrowers and initiate innovative products which are commercially viable for bank’s financial stability.
“We must surpass disbursement of Rs. 56 billion and recovery of Rs. 63 billion achieved last year and every one must contribute through integrated efforts to achieve this year’s targets and revive the glorious past of bank’s pivotal role in the promotion of agriculture sector”, they remarked.
They also stressed upon quality & prudent lending, increased customer base, recovery of past dues, elimination of corruption, and deposit mobilization for bank’s financial sustainability to survive in competitive market environment where customers’ satisfaction and focus reign supreme.
They further said that increased focus on dairy and livestock, financing off-farm activities, induction of MTO’s will be the new initiatives for the current year.