‘RAKUB’s role vital to infuse dynamism into economic activities’

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RAJSHAHI, Aug 6, 2018 (BSS)- Rajshahi Krishi Unnayan Bank (RAKUB) has a
vital role towards infusing dynamism into economic activities of the
country’s northwest region.

It has also significance to promoting women entrepreneurship in both rural
and urban areas and thereby living and livelihood condition of people could
be improved.

Board of Directors of the bank made these observations at RAKUB’s 481st
board meeting held at its board room here on Sunday with Chairman Nazrul
Islam in the chair, RAKUB sources said.

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

The meeting puts emphasis on increasing funding to women entrepreneurs,
with innovative strategies and diverse products. It also mentioned that
Bangladesh Bank assured all scheduled banks of providing necessary support
for funding women entrepreneurs.

The meeting noted that the bank’s administrative and operational
activities must be more transparent and accountable alongside farmers-
friendly for boosting agricultural production.

It also discussed elaborately how to make the bank’s operational and
commercial activities more dynamic through strengthening the credit support
for both farm and non-farm prospective fields.

Terming the farmers as the vital force to boost up the agricultural
productions, they expressed their commitment to protect the farmers’
interests as a whole.

RAKUB Managing Director Kazi Alamgir and Directors Prof Dr Rustam Ali
Ahmed, Shah Alam, Mustafizur Rahman, Rejaul Islam and Dr Sheikh Azizur Rahman
were present at the meeting.

The meeting reviewed the overall activities of the bank and took some
important decisions relating to its operational and administrative matters.