KARACHI: National Bank of Pakistan (NBP) is leading in agriculture credit financing compared to other banks and financial institutions in the country by lending Rs 45.79 billion (106% of achievement) during the year ending June 30, 2012 among nearly 241,296 farmers against a target of Rs 43,200 million.
According to NBP sources here Saturday, the total outstanding of the bank stands at Rs,41527.657 million (108% of achievement) during one year exceeded by Rs 3,027.657 million as on 30th June 12, up against a target of Rs 38,500 million.
Out of total 1,283 domestic online branches, 875 are involved in catering to the needs of farmers.
While it offers complete range of commercial banking services, on the key areas is lending to farmers.
During this period, the percentage of non-performing loans of NBP was about 7.6 percent as on 30th June, 2012, compared to 15 percent average NPL's of commercial banks in agricultural.
The other distinguishing feature of NBP is the competitive mark up rate, which is lower than the rate being charged by other commercial banks.
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