| ACD
Circular No. 02 of 2007 |
June 15, 2007 |
The
Presidents / Chief Executive Officers
All Banks
Dear
Sirs / Madam,
RATIONALIZATION
OF DATABASE ON AGRI.
CREDIT / DISCONTINUATION OF RETURNS
With
a view to rationalize the existing reporting requirements
by banks on agricultural finance, SBP, in consultation with
stakeholders, has reviewed all the data / returns being
received from banks in Agricultural Credit Department in
terms of variables, data dimensions, periodicity, utility,
redundancies, etc. An analysis of such returns revealed
certain information in the existing returns as redundant,
duplication of some information and a lack of detail in
coverage of information on farm and non-farm, crop-wise,
holding size, loan size disbursements, etc.
In view of above, it has been decided to discontinue the
existing twenty three (23) returns as against the newly
proposed ten returns that shall cater to all the existing
needs of agri credit data. From July onwards, only ten (10)
returns will be required to be submitted to ACD as follows:-
Annexure
- I Returns which will be submitted from
July, 2007 onwards to the Agricultural Credit Department,
as per formats of statements attached.
Annexure - II
Returns which will be discontinued from July, 2007 onwards.
Data as of 30-6-2007 shall, however, be reported on the
existing formats.
In addition to above, ZTBL and PPCBL will continue to report
the position of their borrowings from SBP and Statement
of Affairs / Assets & Liabilities as per existing practices
All banks are advised to ensure submission to ACD of returns
by 12th of the following month to which the returns relate,
in soft as well as hard copy, as per the existing practice.
Please acknowledge receipt.
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Enc:
As above. |
Yours
faithfully,
Sd/-
(Muhammad
Ashraf Khan)
Director
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