If Pakistan’s agriculture is to thrive, farmers need banks. But the banks need farmers too

Over a year ago, HBL announced the launch of a new subsidiary by the name of HBL Zarai. This was a new, wholly owned company which would not be a financial institution. When the State Bank of Pakistan gave its approval at the beginning of 2024, it marked the first time the SBP was granting permission to a bank to set up a fully owned subsidiary that was involved in a non-financial business.

Continue Reading

News Source: profit.pakistantoday.com.pk