Economic Reporter :
Specialized, state-owned and private commercial banks, including foreign commercial banks operating in the country, have already disbursed 40.35 percent agriculture and non-farm rural credit in past five months from July to November 2017.
The schedule banks have disbursed a total of Taka 8,230.88 crore till November while the target is Taka 20,400 crore for the current fiscal 2017- 18, BB sources said.
Foreign and private commercial banks have shown better performance than the public banks during the period.
State-owned and specialized banks have disbursed 34.63 percent loan of their total target while foreign and private commercial banks have disbursed 45.42 percent of their target.
Six state-owned commercial banks – Agrani, Janata, Rupali, Sonali, BASIC and BDBL and two state-owned specialized banks – Bangladesh Krishi Bank and RAKUB have disbursed Taka 3,321.17 crore while their target was Taka 9,590 crore.
But the foreign and private commercial banks have disbursed Taka 4,909.71 crore of their target Taka 10,810 crore.
Earlier, BB Executive Director Subhankar Saha said the banks have been able to exceed the agriculture loan disbursement target in the last couple of years due to the BB’s strict monitoring over the firm loan disbursement trend of the schedule banks.
Every month, BB holds a meeting with scheduled banks to expedite agriculture loan disbursement activities, he added.
BB’s disbursement target was Taka 14,595 crore for 2013-14 fiscal, but the disbursement surpassed the target and stood at Taka 16,037 crore.
Fiscals 2014-’15, 2015-’16 and 2016-17 also followed the similar trend with disbursement of Taka 15,978 crore, 17,646 crore and 20,998.70 crore against the targets of Taka 15,550 crore, Taka 16,400 crore and 17,550 crore respectively.
