Agriculture-related loans disbursement by commercial and specialised banks surged to Rs 36.369 billion during July-September period of 2007-08 fiscal year against Rs 30.217 billion of FY2006-07, marking an increase of Rs 6.151 billion, or 20.36 percent, according to State Bank of Pakistan''s statistics.
With 28.97 percent increase, five leading commercial banks, Allied Bank Limited (ABL), Habib Bank Limited (HBL), MCB Bank Limited, National Bank of Pakistan (NBP) and United Bank Limited (UBL), disbursed Rs 19.494 billion during the said period against Rs 15.115 billion of July-September 2006-07 and the full-year target of Rs 96.5 billion.
The performance of Zarai Taraqiati Bank Limited (ZTBL), the largest specialised bank, was rather poor as its disbursement declined to Rs 7.222 billion, or by 21.29 percent, against Rs 9.175 billion of July-September 2006-07.
Punjab Provincial Co-operative Bank (PPCBL) disbursement also showed a decline of 10.58 percent, at Rs 1.265 billion, as compared to Rs 1.415 billion of last year. The SBP statistics makes no mention of agri loan disbursed by domestic private banks (DPBs).
NBP was on top by loaning Rs 6.234 billion. ABL disbursed Rs 3.005 billion; HBL Rs 5.532 billion; MCB Bank Rs 2.792 billion; and UBL 1.909 billion. The SPB has set a target of Rs 200 billion for the current fiscal year against last year''s Rs 166 billion, showing an increase of Rs 34 billion.
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