President Zari Tarrqiati Bank Limited (ZTBL) Chaudhry Muhammad Zaka Ashraf has said the bank would disburse loans amounting to Rs 75 billion on 8-percent mark up to the wheat growers during the current season.
While talking to newsmen at the Lahore Chamber of Commerce and Industry (LCCI) here on Tuesday, Zaka Ashraf said that the commercial banks have increased mark up rate on loans and it would be difficult for us to maintain the present rate.
The mark up on agriculture loans is likely to be increased during the next season. About the sugarcane crushing, he said the crushing has been started but arrival of sugarcane at the mills is slow. However, he said the situation would not affect the wheat growing target in the country.