What are the basic functions of Agricultural Credit Department of SBP?

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1. Guest9872
   

   The Agricultural Credit Department (ACD) was established, as a fully fledged department, in 1953. The Department is mainly responsible for facilitating banks to meet the credit needs of Agricultural Sector. Basic functions of ACD are as under:
   1: To operate as a focal point in State bank of Pakistan for all agricultural and rural finance policies,programs and projects.
   2: To formulate agricultural & rural finance policies in consultation with stakeholders to ensure adequate flow of institutional credit in rural areas.
   3: To liaise with Federal and Provincial Agricultural departments and research institutes on all agri/rural finance issues,policies and projects.
   4: To assess/estimate the credit needs of agri/rural sectors and take measures / initiatives to help develop necessary institutional infrastructure to meet the credit needs of the sector.
   5: To collect periodical agriculture/rural finance data for analysis, policy formulation and dissemination to general public.
   6: To initiate and undertake information dissemination and awareness building programs for farmers and rural community about the financial services they can access from banks.
   7: To arrange special training programs, workshops, seminars, etc for the capacity building of commercial banks’ in agri/rural finance related activities.

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