PPCBL re­views dis­burse­ment of Rs2300mn for Rabi Crop 2013

The Pak Banker - - Front Page -

LAHORE

Pun­jab Pro­vin­cial Co­op­er­a­tive Bank Lim­ited (PPCBL) has re­viewed dis­burse­ment of Rs 2300 mil­lion for Rabi Crop 2012-13 to the small farm­ers up to Jan­uary 2013. The bank re­viewed the lend­ing to the farm­ers in a meet­ing held here yes­ter­day un­der the chair­man ship of Pun­jab Sec­re­tary Co­op­er­a­tives Dr Amir Ah­mad.

It was also de­cided in the meet­ing that over­due loans would be re­cov­ered on pri­or­ity ba­sis. The meet­ing is­su­ing the pol­icy said that the bank would is­sue livestock loans and medium term fi­nance to pur­chase trac­tors, agri­cul­tural equip­ments. The meet­ing de­cided that the grow­ers would also be pro­vided loans against the gold or­na­ments to meet the agri­cul­tural re­quire­ments.

Dr Amir Ah­mad in­structed the bank of­fi­cials to re­cover cent per­cent loans per­tain­ing to all loan­ing schemes and warned them of stern ac­tion for slack­ness in this re­gard.

Pun­jab Co­op­er­a­tive Reg­is­trar Ab­dul­lah Shahid and PPCBL Pres­i­dent and CEO were present on the oc­ca­sion.

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