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.