Agricultural Credit Department established in 1953 under Section 8(3) of the SBP Act and headed by a Director (Fax No. 921-7215) is working within the overall charge of Economic Adviser (Fax No. 921-2555).  The Department is mainly responsible for credit needs of Agriculture, who being the mainstay of Pakistan’s economy, generates nearly one fourth of the total out put and 44% of total employment and is the major source of foreign exchange earning.  The other functions of the Department are as under: -

(a)       To maintain an expert staff to study all questions of agricultural credit and be available for consultation by the Federal Government, Provincial Governments, Provincial Co-operative Banks and other banking organisations.

          (b)       To co-ordinate the operations of the Bank in connection with agricultural credit 

                     and its relations with the Provincial Co-operative Banks and any other organisations

                           engaged in the business of agricultural credit.

ORGANISATION:

            The organisation of the Department is spread over the following Divisions: -

1)     Division-I. (Agri. Financing & Target Monitoring, Enforcement and Administration Division)

2)     Division-II (Credit Planning, Development, Internal Audit & Research Division).

3)     Division-III (ACAC Secretariat, Business Plan & ADB Focal Point Division).