RAKUB asked to follow BB’s agricultural loan policy

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BSS, Rajshahi :
The Rajshahi Krishi Unnayan Bank (RAKUB) should carry out the Bangladesh Bank’s existing policies and directions relating to the agricultural loan properly for boosting the farming yield to feed the gradually increasing population of the country.
To this end, the specialized public bank must be committed to reach its services towards doorsteps of the farmers in general for elevating their living and livelihood condition.
Besides, the bank should work for bringing 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 Wednesday with Board Chairman Prof Dr Shah Newaz Ali in the chair, RAKUB sources said.
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 its sub-sectors.
Board Members Monzur Ahmed, Helaluddin Ahmed, Dilwar Bakth, Saifuddin Ahmed, Professor Dr Madan Mohan Dey, Professor Abaydur Rahman Pramanik, Pratip Kumar Mondal, Mahbubul Alam and Dr Shahidul Islam and RAKUB Deputy Managing Director Abdul Khaleque Khan were present at the meeting.
On behalf of BB, General Manager Humayn Kabir and Deputy General Managers Mahbub Ul Haque and Shafique Uddin were present at the meeting.
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.
For the sake of sustainable livelihood development of the farmers and for bolstering the agro-based economy, the meeting called for increasing the need-based credit flow.
The meeting discussed elaborately on 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.
Terming the farmers as the vital force to boost up the agricultural productions they expressed their commitment to protect the farmers’ interests as a whole.
The meeting reviewed overall activities of the bank and took some important decisions relating to its operational and administrative matters.
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