The government of Pakistan has approved a transaction structure and restructuring plan for the sale of Zarai Taraqiati Bank Limited (ZTBL), the state-owned agricultural lender, to private investors.
The board of the privatisation body met on Wednesday under the chairmanship of Prime Ministerial Adviser Muhammad Ali to finalise key recommendations on the proposed sale of (ZTBL).
The board endorsed the transaction structure following a detailed presentation by financial advisers, after extensive deliberations focused on maximising the financial return for the Government of Pakistan.
The recommendations on the sale of the agricultural bank will now be submitted to the Cabinet Committee on Privatisation for formal consideration at its next scheduled meeting.
Power Distribution Companies
The privatisation body also issued a clarification, disputing a news report published in the media regarding the sale process for the first batch of electricity distribution companies.
The three electricity distribution companies included in the first batch are Faisalabad Electric Supply Company, Gujranwala Electric Power Company, and Islamabad Electric Supply Company.
The privatisation body confirmed that the transaction structure and restructuring plans for these three electricity distribution companies were formally approved at its board meeting held on April 14, 2026.
The body reiterated that formal Expressions of Interest from potential buyers will only be invited after the Cabinet Committee on Privatisation approves the recommendations at its forthcoming meeting.
