Friday , November 24 2017
Home / Agri News / Fiscal year 2011-12: PPCBL advanced Rs 9.9 billion agriculture loans: chief executive

Fiscal year 2011-12: PPCBL advanced Rs 9.9 billion agriculture loans: chief executive




  •  

     

     

     

    Punjab Provincial Co-operative Bank Ltd (PPCBL) advanced co-operative loans of Rs 9.9 billion from 1st July 2011 to 30th June 2012 to meet cash needs of the farming community, PPCBL President and CEO Liaquat Durrani said here on Tuesday. He said the bank gave these loans through co-operatives societies to farmers for sowing, growing harvesting Kharif and Rabi crops, which contribute more than 21 percent to the GDP. 

    Besides, the co-operative bank issued credits to individuals for purchase of tractors, agriculture machinery, livestock, and machinery for industrial units against the gold jewellery collateral. Durrani said that the bank has set a target of Rs 4 billion for issuance of agriculture loans from 1st October to 31st December 2012 for development of the agriculture and industrial sectors. 

    Copyright Business Recorder, 2012

     

     

     

     

    About admin

    Check Also

    OVERCOMING A MENTAL ROADBLOCK FOR USING PLANT BREEDING SOFTWARE

    Report Issue: * Suggest Edit Copyright Infringment Claim Article Invalid Contents Broken Links Your Name: …

    Leave a Reply

    Be the First to Comment!

    Notify of
    avatar
    wpDiscuz