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اردو

Apr 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

FY2011-12: PPCBL advanced Rs9.9bn agri loans: CEO

RECORDER REPORT LAHORE: Punjab Provincial Cooperative Bank Ltd. (PPCBL) advanced cooperative loans of Rs. 9.9 billion

Imaduddin Published October 17, 2012

pak-rupees 400 RECORDER REPORT

LAHORE: Punjab Provincial Cooperative Bank Ltd. (PPCBL) advanced cooperative 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 cooperatives societies to farmers for sowing, growing harvesting Kharif and Rabi crops, which contribute more than 21 percent to the GDP. Besides, the cooperative 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.

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786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
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Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

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786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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