A key development has emerged regarding the privatization of Zarai Taraqiati Bank, as recommendations related to the process have been formally submitted to the Privatization Commission for further action.
During a board meeting of the commission chaired by Muhammad Ali, the proposed transaction structure for the bank’s privatization was discussed in detail, and recommendations were presented for consideration.
The board approved both the proposed transaction structure and a comprehensive restructuring plan for the bank, aimed at improving the institution before privatization to make it more viable for potential investors.
According to sources, these recommendations will now be presented in the upcoming meeting of the Cabinet Committee on Privatization, where further decisions are expected after detailed review.
