Agri credit disbursement rises 19% year-on-year to Rs 17.847 bln in July 2009.KARACHI, August 24, 2009 (Balochistan Times): - Agricultural credit disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money. 2. by commercial and specialized banks rose 19 percent year-on-year to Rs 17.847 billion in first month of current 2009-10 fiscal year. In absolute terms, disbursement of credit to the agriculture sector increased by over Rs 2.849 billion in July, 2009 when compared with total disbursement of Rs 14.998 billion in the same month last year, said SBP SBP Spontaneous bacterial peritonitis, see there statement issued here on Monday. Overall credit disbursement by five major commercial banks including Allied Bank Limited, Habib Bank Limited, MCB (Memory Control Block) An identifier (16 bytes) that DOS places in front of each block of memory it allocates. Bank Limited, National Bank of Pakistan The National Bank of Pakistan has its headquarters in Karachi, Pakistan. It has over 1,200 branches throughout Pakistan. The bank provides both commercial and public sector banking services. It has assets worth $9 billion in 2004. and United Bank Limited stood at Rs 10.337 billion in July, 2009 compared with Rs 6.690 billion in July, 2008, depicting an increase of Rs 3.647 billion or 54.51 per cent. Zarai Taraqqiati Bank Limited, the largest specialized bank, disbursed a total of Rs 3.509 billion in July, 2009, up 12 percent when compared with Rs 3.132 billion in July 2008, while disbursement by Punjab Provincial Co-operative Bank Limited stood at Rs 548.127 million in July, 2009 compared with Rs 699.062 million in the same month last year. Besides, 14 domestic private banks also loaned a combined Rs 3.453 billion in July, 2009 compared with Rs 4.477 billion disbursed in July, 2008. State Bank of Pakistan The State Bank of Pakistan (SBP) is the central bank of Pakistan. While its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until January 1, 1974, when the bank was nationalised, the scope of its functions was has set an indicative agricultural credit disbursement target of Rs 260 billion for FY10. Banks disbursed a total of Rs 233.01 billion to the agricultural sector in FY09. (THROUGH ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. PULSE) |
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