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Agriculture sector to be developed at grassroots level

August 29, 2013

Senior Joint Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan (SBP), Mohammad Imaduddin has said that the central bank is conducting financial literacy and awareness programs at grass-root level to improve access of the farming community to finance. Agriculture sector to be developed at grassroots level
He expressed these views while inaugurating a one-day ‘Farmers’ Financial Literacy & Awareness programme on Agricultural Financing’ in collaboration with Bank of Khyber at District Haripur on Wednesday. He said that the SBP’s multi-pronged strategy to increase agricultural credit outreach includes mainstreaming of agriculture finance, removing policy and regulatory impediments, capacity building of commercial banks and information dissemination and awareness building campaigns for the farming community.
Highlighting the objectives of Farmers Financial Literacy & Awareness Program, he said that the program shows the commitment of the State Bank and the banking sector to develop the agriculture sector at grass root level. Besides, SBP Senior Joint Director Muhammad Imaduddin, BoK’s EVP and Group Head Credits, Imran Samad, SBP Joint Director, Ikramullah Qadri, SBP Chief Manager Rawalpindi, Asad Shah, BOK Head Agricultural Credits, Gul Kiaz Khan, BOK Chief Manager Haripur Branch Malik Jehanzeb Khan, Head Agricultural Department University of Haripur, Dr Hakim Khan, members of social community, bankers and representatives of agricultural extension department and farming community also attended the program.
It may be pointed out that the State Bank of Pakistan in collaboration with SBP BSC & commercial/microfinance banks has launched a country-wide ‘Farmers’ Financial Literacy & Awareness program on Agricultural Financing’ which is being conducted in the selected agriculture-intensive districts in all provinces of the country.


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