RAKUB to help farmers’ recoup losses caused by Covid-19, flood

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BSS, Rajshahi :
Rajshahi Krishi Unnayan Bank (RAKUB) has been working relentlessly to recoup the existing losses being caused by the novel Coronavirus (Covid-19) and flood in the country’s northwest region.
The specialized commercial bank has been providing loans to the potential and other worst affected agricultural sectors so that the borrowers can get back to their normal life after the best uses of their borrowed money.
The board of directors of the bank said these while taking part in the discussion of RAKUB’s 521st board meeting virtually on Thursday with Chairman Raisul Alam Mondal in the chair.
Through its 383 branches at present, RAKUB has been operating its activities as the largest development partner in all the 16 northwest districts of Rajshahi and Rangpur divisions targeting the agricultural sector and all its sub-sectors.
In addition to the chairman, Directors Humayun Kabir Kandaker, Abdul Wahab Bhuiyan, Tofazuddin Ahmed, Sudhendra Nath Roy and Dr Abu Sayed Nasir Uddin Khan joined the meeting from their respective offices. RAKUB Managing Director Sajedur Rahman Khan and some other directors were present at the meeting in-person held at the bank’s board room.
Managing Director Sajedur Rahman Khan said RAKUB has disbursed around Taka 764.36 crore agriculture loans in the country’s northwest (NW) region during the last three months and 13 days of the current 2020-21 fiscal year to facilitate increasing crop production and enhance rural economy.
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