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Zarai Taraqiati Bank Limited
The Zarai Taraqiati Bank Limited (ZTBL) (formerly known as Agricultural Development Bank of Pakistan) is the largest public sector financial development institution in Pakistan. The bank serves around half a million clients annually and has over one million accumulated account holders and a wide network of 32 Zonal Offices, 9 Audit Zones and 416 branches in the country. ZTBL is also providing branch less banking facility to its customers through Upaisa, a joint effort by ZTBL and U Microfinance Bank Limited.〔http://www.ztbl.com.pk/briefOnZTBL.htm ztbl brief〕
==History==
Agricultural Development Finance Corporation was created in 1952 under a Central Act for the purpose of expanding financial facilities and promoting the development and modernization 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 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.〔http://www.pakissan.com/2002/english/news/december/adbp.convert.ztb.shtml〕
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.〔http://www.dawn.com/2002/12/15/ebr4.htm〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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