Mission Statement

To mainstream the agriculture and rural finance sector in the country’s financial system as a commercially viable and attractive business line and to catalyze growth and activity in the sector through sector friendly policies.

Vision Statement

To transform ACD into a professional and dynamic Rural Finance Support Department, fully equipped to play a leading role in development of a sound, stable and robust agriculture and rural finance sector in the Country.

About Us

Agricultural Credit Department established under Section 8(3) of SBP Act 1956 and headed by a Director, is working within the overall charge of ED/Advisor on Development Finance. The Department is mainly responsible to meet credit needs of agriculture, being mainstay of Pakistan’s economy, generates nearly one fourth of the total out put and 42% of total employment and is a major source of foreign exchange earnings. The other functions of the department are as under:-

1. To operate as a focal point in SBP for all agriculture and rural finance policies, programs and projects.
2. To assess/estimate the credit needs of farm & non farm sector in rural areas.
3. To review the issues/challenges faced, developments taking place in agriculture/ rural finance both in the country and elsewhere, develop an adequate knowledge/ information base for policy formulation, etc.
4. To formulate agri & rural finance policies in consultation with stakeholders and to ensure adequate flow of institutional credit in rural areas.
5. To monitor growth and trends in agri/rural finance portfolio of banks & financial institutions.
6. To collect periodical agri/rural finance data for analysis, policy formulation and dissemination to general public.
7. To advise Federal and Provincial Governments, Banks, Cooperative Banks & Agriculture Chambers on agri & rural finance issues.
8. To initiate and undertake information dissemination and awareness building programs for farmers and special training programs for commercial banks.
9. To build SBP rural and agriculture finance capacity and.
10. To operate as Secretariat for Agriculture Credit Advisory Committee (ACAC).

 

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

1. Agriculture Credit Estimation & Target Monitoring Division

2. Agriculture Finance Policy Division

3. Coordination & Services Division

Brief functions of each Division are as under:

Agriculture Credit Estimation & Target Monitoring Division

1. Agriculture credit estimation/assessment in consultation with stakeholders;
2. Allocation of indicative agri credit targets to banks;
3. Periodical monitoring of agriculture credit targets;
4. To undertake all functions relating to Agriculture Credit Advisory Committee (ACAC);
5. Follow-up for implementation of ACAC decisions;
6. Sanction of SBP credit line to Punjab Provincial Cooperative Bank Ltd. and its monitoring;
7. Managing Credit lines outstanding against Zarai Taraqiati Bank Ltd.;
8. Sharing of bonafide losses with five big commercial banks;
9. Collection of periodical agri finance data from banks and its dissemination on website and media.

Agriculture Finance Policy Division

1. To review the issues/challenges faced, developments taking place in agriculture/rural finance both in the country and elsewhere, develop an adequate knowledge and information base for policy formulation, etc.;
2. To formulate agriculture & rural finance policies in consultation with stakeholders and to ensure adequate flow of institutional credit to these sectors;
3. To Coordinate with Federal and Provincial Governments on agriculture finance policies and issues;
4. To introduce new products and schemes in consultation with stakeholders to catalyze growth and activity in the sector;
5. To review/amend existing policies, instructions and Prudential Regulations, etc. based on new developments and feedback from stakeholders;
6. Coordination with the 16 Local Agriculture Credit Advisory Committees;
7. To organize periodical meetings with stakeholders to discuss agriculture finance policies and issues;
8. To act as an Executing Agency for SBP component of Agribusiness Development Project of ADB;

Coordination & Services Division

1. To initiate and undertake information dissemination and awareness building programs for farmers and special training programs for commercial banks;
2. Administration, logistics, dispatch and support services;
3. Business Plan & Budgeting.
4. Help desk for handling public complaints & queries
5. To initiate and undertake programs, projects and proposals for building SBP rural and agriculture finance capacity.

Prudential Regulations for Agriculture Financing

Definitions of Agricultural Terminologies

Indicative Credit Targets and monthly analysis table

District Wise Agri Credit Data

Circular No.06 - SBP. INTRODUCES A NEW REVOLVING CREDIT SCHEME FOR AGRICULTURE

COMPREHENSIVE /MASTER CIRCULAR

Agricultural Credit Target for 2005-2006

Agricultural Credit Target for 2004-2005

Profile Agricultural Credit Department

SBP's efforts for Agricultural credit to farmers

Brochure

Farm Loans Help desk

SBP Task Force Report on Crop Loan Insurance Framework

Presentation about Bank for Agriculture & Agricultural Cooperatives (BAAC) Thailand

FAQs
FAQs regarding SBP Supervised Agricultural Credit Scheme

Trainings

Summary of 03 Days Specialised Trainings (3rd Phase) on Agricultural Credit/Rural Finance Conducted by A.C.D. During 2004-05

Summary of 04 Days Specialised Trainings (2nd Phase) on Agricultural Credit/Rural Finance Conducted by A.C.D. During 2003-04

Summary of 03 days Specialised Trainings (1st Phase) on Agricultural Credit/Rural Finance Conducted By A.C.D.

 

List of Officers / Contatct Persons

Draft Guidelines For Livestock Financing

Guidelines on Horticulture Financing

Financing Scheme for Small Farmers

Guidelines on Fisheries

Draft Guidelines for Poultry Financing

Seminar on Agribusiness Finance Awareness Building

Methodology Report 2006