Zarai Taraqiati Bank Limited

Coordinates: 33°41′52″N 73°03′51″E / 33.6977°N 73.0641°E / 33.6977; 73.0641
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Zarai Taraqiati Bank Limited
Company typePublic company
IndustryFinance Banking
Founded1961; 63 years ago (1961)
HeadquartersIslamabad-44000, Pakistan
Area served
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]
DecreaseRs. 6.70 billion (US$23 million) - 2016[1]
DecreaseRs. 3.38 billion (US$12 million) - 2016[1]
Total assetsIncreaseRs. 215.9 billion (US$750 million) - 2016[1]
Number of employees

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


Agricultural Development Finance Corporation was created in 1952 under a Central Act for the purpose of expanding financial facilities and promoting the Development and Modernisation of Agriculture in Pakistan. In 1957, the Agricultural Bank of Pakistan was established and advanced both short and long-term loans. Both these institutions were merged as the Agricultural Development Bank of Pakistan in February 1961. On December 14, 2002, the Federal Government converted the Agricultural Development Bank of Pakistan (ADBP) into Zarai Taraqiati Bank Ltd (ZTBL). The new corporate structure redefined the banks as a single public limited company with an independent Board of Directors.[4]

Zarai Taraqiati Bank (ZTBL) was registered under the Companies Ordinance 1984, and all assets, liabilities, and proceedings were transferred to and vested in Zari Taraqiati Bank with effect from December 14, 2002.[5]

Products and services[edit]

  • Prime Ministers Youth Business & Agriculture Loan Scheme (PMYB&ALS) for the fiscal year 2023-24
  • Bakhat Accounts (Savings/ Current) for Women
  • ZSMAA, Deposits (Fixed, Saving, Current Accounts, Zarai Bachat Scheme, ZTBL Junior Account, Mustaqbil Mehfooz A/C & Rozana Bachat A/C, etc.)
  • Loan Schemes( Production Loan Schemes, Development Loan Schemes, Crop Loan Insurance, Model Village Establishment
  • Locker Facility (Small, Medium, Large)
  • Treasury
  • Home Remittance ( Western Union, Xpress Money and some other nearly 40 companies )
  • Hajj applications
  • One Window Operation
  • Revolving Finance Scheme (RFS)/Sada Bahar Scheme (SBS)
  • Crop Maximisation Project[6]
  • Motorcycle-based account officers who travel to farmers' doorstep

Credit rating[edit]

In June 2016, ZTBL continued to achieve a AAA credit rating by JCR-VIS ( Credit rating company Limited)

Year Entity Stand Alone Outlook
2019 AAA/A-1+ B+/ B* Stable
2018 AAA/A-1+ B+/ B* Stable
2017 AAA/ A-1+ B+/ B Stable
2016 AAA/A-1+ B+/ B* Stable

See also[edit]


  1. ^ a b c d "ZTBL Annual Report 2015" (PDF). 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.
  4. ^ "; ADBP converted into Zarai Taraqiati Bank to provide credit to small farmers".
  5. ^ ZTBL (Zarai Taraqiati Bank Limited) to play an important role, says Mehdi Dawn (newspaper), Published 15 December 2002, Retrieved 12 May 2019
  6. ^ ZTBL (Zarai Taraqiati Bank Limited) told to seek international donors' help Dawn (newspaper), Published 6 May 2011, Retrieved 12 May 2019

External links[edit]

33°41′52″N 73°03′51″E / 33.6977°N 73.0641°E / 33.6977; 73.0641