BKB to disburse TK 1781.23cr agri-loan in Khulna region

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KHULNA, Oct 26, 2019 (BSS) – Bangladesh Krishi Bank (BKB) will disburse
Taka 1,781.23 crore agri-loans in the Khulna region during the current 2019-
20 fiscal year to facilitate increasing crop production and enhance rural
economy.

The BKB will disburse the loans through its 88 branches in five districts
under Khulna region, Assistant General Manager (AGM) of Krishi Bank in Khulna
region Shikder Towhidul Islam told BSS here today.

Target has also been set to recover loans of Taka 845.70 crore and target
has been set to profit Taka 60 crore during this current period, he said.

The Bank already has given Taka 161.4 crore for agri-based loans against
recovered Taka 119.61 crore and earned Taka 11.19 crore during this current
fiscal year so far, source said.

The Bank also has been taken decision to increasing capital, distribution
and realization of loans, classified loans, reduction of classified loans,
realization of blocked loans and other action plans for achieving the set
business targets, he said.

The official said the bank disbursed loan of Tk 929.34 crore, recovered
Taka 973.90 crore including classified loans in 2018-19 last fiscal year.

The Krishi bank has attained an ever highest profit of Taka 35.96 crore
during the 2018-19 financial year, up by Taka 29.43 crore than that of the
previous fiscal, he added.

Deputy General Manager (DGM) of BKB Khulna region SMA Quyaum said, the
bank enhanced its lending activities in multipurpose potential fields for
boosting agricultural production, intensifying food security and flourishing
poultry and dairy sectors.

“Putting maximum emphasis on ensuring best services to the farmers side by
side with working with utmost sincerity and responsibility for continuous
advancement of the reputed bank and making its profitable”, he added.