RAJSHAHI, Sept 4, 2019 (BSS) – Rajshahi Krishi Unnayan Bank (RAKUB) will
disburse Taka 2,300 crore agri-loans in the country’s northwest (NW) region
during the current 2019-20 fiscal year to facilitate increasing crop
production and enhance rural economy.
The specialised commercial bank will disburse the loans through its 381
branches in all 16 districts under Rajshahi and Rangpur divisions, Public
Relation Officer of the bank Md Jamil told BSS here on Tuesday.
Target has also been set to recover loans of Taka 2,300 crore including
classified loans worth Taka 778.23 crore and raise deposit collection to Taka
1,000 crore, he said.
All the zonal and branch managers were asked to infuse more dynamism into
its all business activities including loan disbursement, recovery especially
the classified loan and deposit collection for benefits of both the bank and
clients, he said.
The official said the bank disbursed loan of Tk 2,358.98 crore, recovered
Taka 2,528.79 crore including classified loans worth Taka 346.64 crore in
2018-19 fiscal while it had also deposit money worth Taka 297.94 crore.
The bank attained highest profit of Taka 42.45 crore for the first time in
the last financial year, up by Taka 2.07 crore than that of the previous
year, he said.
As the largest development partner in agriculture as well as agro-based
industry sector of the northwest Bangladesh, currently, the bank has adopted
the effective work plan which is being implemented at the grassroots level to
make the credit programs easier.
“We have adopted special credit programme for encouraging the people for
setting up solar power, biogas and waste management plants for generating
eco-friendly and alternative power to face the power supply deficit,” said
Nurul Islam, Managing Director of RAKUB, adding “credit is being extended to
the sector on a priority basis.”
He said the bank enhanced its lending activities in multipurpose potential
fields for boosting agricultural production, intensifying food security and
flourishing poultry and dairy sectors.