RAKUB disburses Tk 797.70cr agri loan

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BSS, Rajshahi :
Rajshahi Krishi Unnayan Bank ( RAKUB) has disbursed Taka 797.70 crore as loan for boosting rural economy besides creating employment through enhancing agricultural and non-agricultural production in the country’s north-western region during the first seven months of this current 2014-15 fiscal year.
Side by side with the disbursement, the bank has also realised Taka 969.43 crore including Taka 201.91 crore classified and other outstanding loans and mobilized deposit worth Taka 3,263 crore through 376 branches in all the 16 districts under Rajshahi and Rangpur divisions.
RAKUB Deputy Managing Director Abdul Khaleque Khan told BSS that the bank had set a target of disbursing Taka 1,6000 crore as loan, recovery of Taka 1,800 crore including Taka 750.00 crore classified loan and deposit collection of Taka 3,800 crore during the current fiscal.
He said the present government had earmarked the huge money for RAKUB for disbursing as crop and rural uplift loan only in the northwest Bangladesh during the current fiscal.
To build a poverty- free Bangladesh, he said the bank had enhanced its lending activities in multipurpose potential fields for boosting agriculture production, intensifying food security and flourishing poultry and dairy sectors to reduce protein deficiency.
In this regard, Khaleque Khan said Taka 384.94 crore for crops, Taka 8.66 crore for fisheries, Taka 33.95 crore for animal resource, Taka 0.15 crore for agricultural farms and machineries, Taka 10.11 crore for agro-based industries, Taka 48.02 crore for SMEs, Taka 125.80 crore for cash credit, Taka 10.08 crore for poverty reduction and Taka 88.86 crore for different others need-based sectors were disbursed during the same period.
“We have launched special credit programme for encouraging the people for setting up solar power, biogas and waste management plant for generating eco-friendly and alternative power to face the power supply deficit,” he said adding that credit is being extended to the sector on a priority basis.
As the largest development partner in agriculture as well as agro- based industry sector of the northwest region, currently the bank has adopted multipurpose development programmes, which are being implemented at the grassroots to make the credit programmes easier.
Headquartered in Rajshahi, the specialized bank has been putting in its level best effort to establish a dynamic leadership along with accountability and transparency in all its activities to earn confidence of the clients.
“We are giving more emphasis to enhancing credit flow towards exploring the potential sectors of the region,” Khaleque Khan said.
He said the level best effort is on to ensure transparency and accountability in all the banking activities.
More than 200 branches have, so far, been brought under computerisation and all the 376 branches will be brought under the modern system by this yearend through which the bank will be enriched with various updated services like online banking, SMS banking and ATM booths, Khaleque Khan expected.
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