KARACHI: United Bank Limited (UBL) Rural Bank and Universal Agri Tractor Company (UATC), part of the G.M. Group, have entered into a strategic alliance aimed at accelerating farm mechanization, expanding access to agricultural financing and empowering Pakistan’s farming community.
The agreement was formally signed at Governor House Sindh on October 5 in the presence of Nehal Hashmi, Governor of Sindh, alongside senior government officials, business leaders, senior executives and industry stakeholders.
Representing UBL Rural Bank at the ceremony was Abdul Sattar Narejo, Head Rural Bank, while Zain Wahab, Managing Partner of UATC, and Wahab GM, Owner of UATC, represented Universal Agri Tractor Company.
Addressing the gathering, Governor Sindh Nehal Hashmi emphasized the importance of initiatives that support the growth and development of the agricultural sector. He highlighted that efforts focused on improving access to agricultural financing and modern machinery are aligned with the broader government initiatives aimed at promoting agriculture, strengthening rural communities and supporting the country’s farming sector.
Copyright Business Recorder, 2026
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