RAKUB recovers Taka 179 crore in Bijoy Mela

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RAJSHAHI, Dec 20, 2017 (BSS) – Rajshahi Krishi Unnayan Bank (RAKUB) has recovered outstanding loans worth Taka 179 crore, including classified loan of Taka 29 crore, through its Bijoy Mala (Victory Fair).

The bank arranged the two-day fair in all its 378 branches during December 17-18 last, marking the 47th Victory Day.

Apart from recovering loans, the bank distributed loan of Taka 129 crore in various potential sectors, including crops, farmers’ credit, crop-sharing, green banking and dairy and spice farming, RAKUB public relations officer Mohammed Jamil told BSS today.

RAKUB chairman Nazrul Islam, its managing director Muin Uddin, deputy managing director Fazlul Haque and other officers concerned joined the fair.

As the largest development partner in all 16 northwest districts of Rajshahi and Rangpur divisions, RAKUB has been operating its banking activities in the country’s northwest region targeting its agricultural sector and all its sub-sectors.