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Wheat

ADBPconvertedintoZaraiTaraqiatiBanktoprovidecreditto
smallfarmers

Sunflower

KARACHI(December142002):TheFederalGovernmenthasconvertedthe
AgriculturalDevelopmentBankofPakistan(ADBP)intoZaraiTaraqiatiBankLtd
(ZTBL)andthenewventurehasstarteditsoperationwithimmediateeffect.

Mushroom

Thenewcorporatestructureredefinesthebanksstatueasapubliclimited
companywithanindependentBoardofDirectorpromulgatedunderthe
presidentialordinancewhich,aimsatensuringgoodgovernance,autonomy,
deliveringhighquality,viableandtimelyfinancialservicestoagreaternumberof
clienteleintheagriculturalandruralsegmentofthecountrywithadequatereturns
tothestakeholder.

Rice

Carrot

Sugarcane
more

ZaraiTaraqiatiBank(ZTBL)hasbeenregisteredwithSECPasapubliclimited
undertheCompaniesOrdinance1984andbyvirtueofFinanceOrder,allassets,
liabilitiesproceedingsundertakingofADBPstandstransferredtoandvestedin
ZariTaraqiatiBankwitheffectfromDecember14,2002.

PakAPIN

TheManagementofZTBLhastakenupthetasktoreinvigoratenewspiritto
strengthentheinstitutionalcapacityandefficacyofthisnewcorporateentityto
expanditsoutreachsoastoensurethatagricreditismadeavailableat
affordablecosttogreeternumberofsmallfarmer,womenandruralpoors.

PakissanAgri
Professionals&
InstitutesNetwork

ItisworthmentioningthattheformalfinancialsectoriscateringtoBuschlesser
percentageofagriandruralcreditdemandataffordableratesandthatalarge
proportionofsuchdemandismetthroughtheinformalsectoratexorbitant
interestrates.

JointheNetworkand
connectforoptimized
exposure.ByRegistering
atPakAPINyouget
uniquesetofServices
andBenefitswithhelpof

TherestructuringofADBPanditsconversiontoZTBLbasicallyaimsat
extendingsworecredittotheneedysegmentofproductiveandyieldingagriand
nonfarmactivities.Itishopedthatthisstepshallgreatlyenhancethecredit
distributionmechanism.Thequintessenceoftheinitiativeofisbasicallyaimed
atincreasedfunctionalautonomy,improvedservices,enhancedfarm
productivity,streamlininginstitutionalcreditandincreasedoutreachintermsof
smallfarmersandwomenfolk.

UnderthenetcorporateentityZTBListoactasacatalystinruralandagriculture
sectorforalleviatingpovertyandensuringgreateroutreach.
ThecorporatestructureofZTBLintermsofoperationalefficiencies,risk
mitigatingfactorsandorganisationaloptimalmixstandsgeareduptoacclimatise
withagricultureneedsandtobeaproactivefinancialinstitutionforeconomic
developmentandsustainableagriculturegrowth.
CourtesyBusinessRecorder

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