UBL recently joined hands with The Government of Punjab for the provision of subsidized loans to small farmers under Government of Punjab's 'Empowerment of Kissan Through Digital & Financial Inclusion' Facility. A signing ceremony was held on April 20, 2017 at the Minister's Block, Government of Punjab Secretariat, Lahore.

The participants at the signing ceremony included Ayesha Ghous Pasha, Finance Minister, Government of Punjab, Mr. Muhammad Mahmood, Secretary Agriculture, Agri. Department, Govt. of Punjab, Kamran Bakshi, Additional Director SBP Agri-Credit & Microfinance Department, Zia Ijaz, Group Executive, Retail Bank UBL and Chaudhry Qaiser Iqbal, Head Rural Bank (UBL).

The primary focus of this 'e-Kissan Farm Credit Facility' is on the empowerment of 'small Kissans' through provision of financial and digital services. This helps support the cause of financial inclusion of rural masses. In line with UBL's progressive and innovative brand attributes, this initiative makes UBL the first commercial bank in the private sector to enter into this agreement. With its wide network comprising of over 45,000 touch points including more than 1,375 branches, this agreement allows UBL to facilitate the farming community.-PR

Copyright Business Recorder, 2017