Tag: agriculture credit

Karachi, December 15, 2023 – The State Bank of Pakistan (SBP) has called on commercial banks to expand their reach and enhance their involvement in the agriculture sector, emphasizing the critical role this sector plays in the country’s socioeconomic development.

Karachi, August 9, 2023 – Financial institutions in Pakistan have disbursed a record-breaking Rs 1.78 trillion in agricultural financing during the fiscal year 2022-2023 (FY23). This amount represents an impressive growth of over 25% compared to the Rs 1.41 trillion disbursed in the previous fiscal year, FY22.

KARACHI: The banks have disbursed an amount of Rs1.36 trillion as credit to agriculture sector during fiscal year 2020-2021, State Bank of Pakistan (SBP) said on Monday. The central bank said that credit disbursement to agriculture sector had witnessed a growth of 12 per cent over the preceding fiscal year, despite the ongoing challenges posed […]

KARACHI: Banks have missed agriculture credit disbursement target for fiscal year 2019/2020 by Rs135 billion but the credit disbursement was 3.5 percent higher than the preceding fiscal year, State Bank of Pakistan (SBP) said on Monday. The central bank in a statement said that the banks disbursed Rs 1,215 billion to agriculture sector during 2019-2020. […]

KARACHI: State Bank of Pakistan (SBP) has asked banks to enhance their efforts to achieve qualitative aspects of the assigned targets for agriculture financing.

KARACHI: The disbursement of agriculture loan has registered 21 percent growth to Rs1,174 billion in 2018/2019 as compared with Rs972.6 billion in the preceding fiscal year, State Bank of Pakistan (SBP) said on Monday. However, banks have missed the disbursement target of Rs1,250 billion set by Agricultural Credit Advisory Committee for 2018-2019, the central bank […]

KARACHI: Banks have disbursed Rs527 billion as agriculture credit during first half of current fiscal year, which is 22 percent higher than the disbursement made during the same period of the last fiscal year.