Zarai Taraqiati Bank Limited

Zarai Taraqiati Bank Limited
Company typeUnlisted public company
IndustryFinance Banking
Founded1961; 63 years ago (1961)
HeadquartersIslamabad-44000, Pakistan
Area served
Pakistan
Key people
Tahir Yaqoob Bhatti, President/ CEO
ProductsBanking, Agri-Financing, Agriculture loans, zarai loans, agri. loans & Insurance products
RevenueDecreaseRs. 16.61 billion (US$58 million) - 2016[1]
IncreaseRs. 14.59 billion (US$51 million) - 2023[1]
IncreaseRs. 10.98 billion (US$38 million) - 2023[1]
Total assetsIncreaseRs. 215.9 billion (US$750 million) - 2016[1]
OwnerState Bank of Pakistan (76.23%)
Government of Pakistan (23.75%)
Number of employees
5,500[2]
ParentState Bank of Pakistan
Websiteztbl.com.pk

The Zarai Taraqiati Bank Limited (ZTBL) (Urdu: زرعی ترقیاتی بینک), formerly known as Agricultural Development Bank of Pakistan, is Pakistani state-owned agricultural development bank headquartered in Islamabad.

Founded in 1961 as the agricultural development bank, the bank was renamed in 2002 as Zarai Taraqiati Bank Limited (ZTBL) and was subsequently incorporated as a public limited company in 2002 under Companies Ordinance 1984.[3]

The bank provides agricultural credit and banking services to farmers across the country. It remains the largest public sector agriculture development financial institution in the country.[citation needed]

  1. ^ a b c d "ZTBL Annual Report 2015" (PDF). ZTBL.com.pk. Retrieved 19 July 2019.
  2. ^ ":: Zarai Taraqiati Bank Limited::". Archived from the original on 25 November 2010. Retrieved 12 May 2019.
  3. ^ "ZTBL playing key role in development of agro-based industry - Print - Business Recorder". 31 October 2019.