BSS-03 RAKUB follows BB’s agricultural loan policy

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ZCZC

BSS-03

BB-RAKUB-MEETING (with picture)

RAKUB follows BB’s agricultural loan policy

RAJSHAHI, June 27, 2018 (BSS)-The Rajshahi Krishi Unnayan Bank (RAKUB) has been

following Bangladesh Bank’s (BB) existing policies and directions relating to the

agricultural loan properly for boosting the farming outputs to feed the gradually

increasing population of the country.

To this end, the specialised public bank is committed to reaching its services

towards doorsteps of the farmers in general in order to elevating their living and

livelihood condition.

Besides, the bank intends to bring all the existing agricultural potential

sectors and sub-sectors under qualitative and quantitative investments for making

the region’s agro-based economy more vibrant.

The observations came at a joint meeting between the Bangladesh Bank (BB) and

Board of Directors of RAKUB held at its board room here on Tuesday with Board

Chairman Nazrul Islam in the chair.

RAKUB, headquartered in Rajshahi, has been operating its banking activities as

the largest development partner in all 16 northwest districts of Rajshahi and

Rangpur divisions targeting its agricultural sector and all the sub-sectors.

Board Members Kazi Alamgir, Kazi Hassan Ahmed, Noor-Ur-Rahman, Prof Rustam Uddin

Ahmed, SM Mustafizur Rahman, Shah Alam and Rejaul Islam were present at the meeting.

BB General Manager Younus Ali, Deputy General Manager Mahtab Uddin and Joint

Directors Fakhar Uddin and Abul Kalam Azad joined the meeting on behalf of the

central bank.

The meeting viewed that the present government has attained remarkable success

in agriculture sector and urged the RAKUB authority to put in their collective

efforts to uphold the success in the days ahead.

It mentioned that the government has attached highest priority to the agriculture

sector and added that the field level bankers and others concerned should take the

responsibilities of reaching the government’s services to the farmers doorsteps.

The meeting noted that the bank’s administrative and operational activities must

be transparent and accountable alongside farmers-friendly for boosting agricultural

production.

They discussed 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.

The meeting also reviewed overall activities of the bank and took some important

decision relating to its operational and administrative matters.

BSS/AH/AU/09:55 hrs