ZCZC
BSS-08
KRISHI-BANK-PROFIT
Krishi Bank earns TK 35.96 cr profit in Khulna region
KHULNA, Sept 05, 2019 (BSS) -Bangladesh Krishi Bank (BKB) has attained an
ever highest profit of Taka 35.96 crore during the recently concluded 2018-19
financial year, up by Taka 29.43 crore than that of the previous fiscal.
Assistant General Manager (AGM) of Krishi Bank in Khulna Region Shikdar
Touhidul Islam said the state-owned specialized bank had made an operating
profit of Taka 6.53 crore during the last 2017-18 fiscal.
At the initial stage of the fiscal, the bank management had formulated a
work plan and given direction to the field level workforce for its proper
implementation in order to transform the financial institution into a profit-
earning and self-reliant one.
BKB in Khulna region has setup target of loans TK. 1,463 crore while
disbursed Taka 929.34 crore as loans in the 2018-2019 fiscal year to help
boost rural economy and generate employment through enhancing agricultural
and non-agricultural production in the region.
Side by side with disbursement of loans, the Bank has also realized Taka
973.90 crore including classified and outstanding loans during the same
period, officials said here today.
They said Khulna Krishi bank has been functioning through two
administrative divisions since 2009-2010 fiscal years to provide better
service to the farmers.
AGM) Shikder Towhidul Islam told BSS today that in Khulna administrative
division the bank has set a target of Profit Taka 55 crore as loans among
69,917 farmers and earns Taka 35.96 crore rate of 65 percent through its 88
branches in the region.
Of the loans, Taka 752.88 crore has been disbursed for agro loans among
63,372 farmers, Taka 34.69 crore has been disbursed for agro-based industries
among 276 people, Taka 139.07 crore disbursed for Small and Medium
Entrepreneurs'(SME) among 2,252 Entrepreneurs and Taka 2.70 crore disbursed
for Export-Import trade among 17 people.
“We are very much confident to attain the disbursement and recovery targets
through our quality and pro-people banking services,” he said adding that the
achievement in disbursement and recovery is 67 percent and 95 percent
respectively by the end of July 31, 2019.
Various business fields especially software, agro-processing and IT
business, agriculture, plantation, fisheries, poultry, tissue culture and
leather goods have been selected for investment.
BSS/ZH/MR/ 1310 hrs