The Privatisation Commission has approved the transaction structure and restructuring plan for the privatisation of Zarai Taraqiati Bank Limited, marking a key step forward in the government’s divestment program.
The decision was taken during the 251st meeting of the Privatisation Commission Board, chaired by Muhammad Ali. The board endorsed the proposed structure after detailed deliberations, with the aim of maximizing value for the Government of Pakistan.
The recommendations will now be submitted to the Cabinet Committee on Privatisation for final consideration. Officials said the move reflects the government’s continued focus on advancing its privatisation agenda in a structured and transparent manner.
ZTBL, a state owned development finance institution, plays a central role in providing agricultural credit across Pakistan. The planned restructuring is aimed at making the bank more attractive to investors while ensuring operational efficiency ahead of the sale.
In a separate clarification, the Privatisation Commission said that transaction structures and restructuring plans for three power distribution companies, Faisalabad Electric Supply Company, Gujranwala Electric Power Company, and Islamabad Electric Supply Company, had already been approved in a previous board meeting held on April 14, 2026.
The commission added that these plans will also be placed before the Cabinet Committee on Privatisation, after which Expressions of Interest will be invited for the first batch of DISCO privatisations. The process is expected to open the door for private sector participation in Pakistan’s power distribution sector.
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