Thursday 26 January 2012

SBP asks banks to adopt agri financing as viable business model | HALALTAMWEEL.COM

SBP asks banks to adopt agri financing as viable business model

1/26/2012 9:48:39 AM


KARACHI: Governor, State Bank of Pakistan (SBP) Yaseen Anwar has urged upon the banks to adopt agricultural financing as viable business model through development of specific products/ schemes and disseminate best practices through grass-root level programs for farmers.


Presiding over a meeting of Agricultural Credit Advisory Committee (ACAC) at SBP, here on Wednesday, he said the relevant federal and provincial governmentdepartments, farmers representatives and other players in value chain also need to create credit absorption capacity of farmers through adoption of best modern farming practices, development of storage & marketing systems and resolution of other real side issues.

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