The Zarai Taraqiati Bank Limited President Syed Talat Mahmood has said the present management was making constant efforts to take the agri-credit facility at the door steps of farmers.
In this regard, he said, the ZTBL has marked a milestone in history of banking by providing offsite ATMs facility to their customers with collaboration of National Bank of Pakistan which is the essence of banking industry.
He was speaking during the signing of Memorandum of Understanding at the ZTBL Zonal Office, Lahore for offsite ATMs facility as already promised by the President ZTBL during U-Paisa mobile banking ceremony on 09 November, 2015 at ZTBL Model Branch.
Speaking about the scheme, he said that as per instructions and vision of Prime Minster of Pakistan Mian Muhammad Nawaz Sharif and with the Federal Government’s National Financial Inclusion strategy. ZTBL management generally believed that financial inclusion lead to poverty alleviation and economic empowerment of the underprivileged or rural community.
The management is striving hard to acquire and introduce latest technologies in the ZTBL banking operations department .He further said that during the financial year 2014-15, the volume of ATM transactions is expected reach around 300 Million amounting to Rs 3.20 Trillion in value as compared to the financial year 2013-14 showing a growth rate of 16 percent in volume and 21% in value. This indicates that ATM service provision to our customers is the need of the hour.
As a first step, the bank is going to install ATMs at 33 selected locations all over Pakistan, AJK and Northern Areas. With the passage of time the facility is to be extended to more than 100 locations. In view to all above stated efforts Government of Pakistan and State Bank of Pakistan are encouraging to adopt “ZTBL Open to All” policy for the benefit of public and farmer community.
By utilising ATM facility farmers will be able to save their precious time and resultantly farm production will increase which of course is the most important and final goal of ZTBL. The President ZTBL further stated that in the very near future ZTBL will introduce more schemes and other facilities to the farmers and general community.
Source: Business Recorder