Economic Reporter :
Specialized, state-owned and private commercial banks, including foreign commercial banks operating in the country, have already disbursed 88 percent agriculture and non-farm rural credit in past 10 months from July to April 2017-18 financial year.
The schedule banks have disbursed a total of Taka 17,952.89 crore till April 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 86.48 percent loan of their total target while foreign and private commercial banks have disbursed 89.35 percent of their target.
Six state-owned commercial banks-Agrani, Basic, BDBL, Janata, Rupali and Sonali and two state-owned specialized banks-Bangladesh Krishi Bank and RAKUB-have disbursed Taka 8,293.65 crore while their target was Taka 9,590 crore.
But the foreign and private commercial banks have disbursed Taka 9,659.24 crore of their target Taka 10,810 crore.
A senior official of the Bangladesh Bank 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.
Specialized, state-owned and private commercial banks, including foreign commercial banks operating in the country, have already disbursed 88 percent agriculture and non-farm rural credit in past 10 months from July to April 2017-18 financial year.
The schedule banks have disbursed a total of Taka 17,952.89 crore till April 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 86.48 percent loan of their total target while foreign and private commercial banks have disbursed 89.35 percent of their target.
Six state-owned commercial banks-Agrani, Basic, BDBL, Janata, Rupali and Sonali and two state-owned specialized banks-Bangladesh Krishi Bank and RAKUB-have disbursed Taka 8,293.65 crore while their target was Taka 9,590 crore.
But the foreign and private commercial banks have disbursed Taka 9,659.24 crore of their target Taka 10,810 crore.
A senior official of the Bangladesh Bank 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.
