The incorporated company will be wholly owned by the bank with the sole objective to enable the regular workforce of the ZTBL to concentrate on core banking business, bringing quality improvement in all support services.
It is learnt that all security services and janitorial activities will be transferred to the company in the first phase.
The company will also provide quality products and services to the bank's borrowers for efficient and improved farming including seeds, fertilisers, pesticides, agricultural machinery and other technical services.
Sources told Business Recorder that all advisory and consulting services are also planned to be provided by the company.
It was also learnt that the company will provide extension services like planning, organising and establishing training facilities to the bank's staff besides providing welfare services like education, vocational training, sports and recreational facilities to ZTBL employees.