ZTBL recovery campaign leads to regularization of 5,000 tractors
National
December 25, 2020
ISLAMABAD: In what seems to be a major recovery drive, the Zarai Taraqiati Bank Ltd (ZTBL) regularized the appeals of about 5,000 tractor defaulters to pay their late installments to avoid confiscation of tractors. At the moment, the number of outstanding financed tractors is 28,424 across the country.
The bank, under the instructions of President ZTBL Muhammad Shahbaz Jameel, has launched a campaign against the defaulters who habitually do not pay installments of their loans. The drive against repossession of tractors from August till date has resulted in confiscation of about 5,000 tractors in different zones.