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As a group, it is also recorded that five major banks disbursed Rs.450 billion, under specialized banks category, ZTBL disbursed Rs.45.1 billion against the target of Rs 100 billion while PPCBL disbursed Rs.
According to the NAB, Muhammad Boota Sajid and Tahir Iqbal Butt were arrested in Lahore on Wednesday for their alleged involvement in embezzlement of millions of rupees in the PPCBL scam.
Under the specialized banks category, ZTBL disbursed Rs 64.8 billion or 72 % against its target of Rs 90.0 billion while PPCBL disbursed Rs 6.3 billion i.e.
LAHORE -- PPCBL signed an MoU on ICT collaboration with PTCL.
Despite persistent efforts of the authorities, made over past 38 years, the institutional credit, through ZTBL defunct ADBP, PPCBL, Commercial Banks, Private Domestic Banks, NGOs, NRSP, PRSP etc, constitutes around 30% of the agricultural credit requirements.
In order to cope with the increasing demand for agricultural credit, institutional credit to farmers is being provided through Zarai Taraqiati Bank Limited (ZTBL), Commercial Banks, Punjab Provincial Cooperative Bank Ltd (PPCBL) and Domestic Private Banks.
Under specialized banks category, ZTBL disbursed Rs83.2 billion or 66.6% of its annual target of Rs125 billion while PPCBL disbursed Rs10.7 billion by achieving 71.5% of its target of Rs15 billion during 2017-18.
Punjab Provincial Cooperative Bank Limited (PPCBL) disbursed Rs10.7 billion by achieving 71.5% of its target of Rs15 billion for the year.
Under specialized banks category, ZTBL disbursed Rs 83.2 billion or 66.6 per cent of its annual target of Rs125 billion while PPCBL disbursed Rs10.7 billion by achieving 71.5 per cent against its target of Rs15 billion during the fiscal year 2017-18.
LAHORE -- An accountability court on Thursday extended physical remand of accused Asif Kamal, former chairman Trust Investment Bank limited (TIBL), involved in Punjab Provincial Cooperative Bank Limited (PPCBL) scam, for another 11 days.
Lahore -- National Accountability Bureau (NAB) Lahore has apprehended two accused persons namely Muhammad Boota Sajid and co-accused Tahir Iqbal Butt from Lahore against their alleged involvement in Punjab Provincial Cooperative Banks Limited (PPCBL).
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