Home ›› Banking & Insurance

UCB provides Tk 2.1cr loan to 71 Khagrachhari farmers

Staff Correspondent
15 Sep 2021 17:59:50 | Update: 15 Sep 2021 17:59:50
UCB provides Tk 2.1cr loan to 71 Khagrachhari farmers
Guests at loan handing over event on September, 15. — Courtesy Photo

United Commercial Bank has handed over a total loan of Tk 21 million to 71 farmers of Khagrachhari to contribute to the development of agricultural sector in Bangladesh. 

UCB handed over the agricultural loans at the Marma Unnayan Sangsad Community Center on Tuesday.

UCB took up the project to help the small ethnic farmers who are extremely poor or marginalized by all possible standards of human dignity and human development — agriculture is their only source of livelihood, said a press release.

At the event, Mong Circle Chief Sachaingpru Chowdhury, said, “I would like to express my sincere gratitude to UCB for standing by our farmers with easy unsecured loans. At the same time, we have a request to this bank, to stand by our farmer group.”

Speaking on the occasion, Arif Quadri, additional managing director of UCB said, “This is the first time we are giving a total of Tk 21 million to 71 farmers. Which was not given anywhere else. Moreover, we have opened a new branch in Khagrachari.”

“UCB is trying to follow the Prime Minister's directives to revive the devastated economy in the pandemic. Moreover, we will try to stand by the farmers in the areas where there is crisis and disaster for the farmers,” said Quadri.

The loan disbursement ceremony was attended by Mong Circle Chief Sachingpru Chowdhury of Khagrachhari Hill District, Additional Managing Director of United Commercial Bank Arif Quadri, Deputy Managing Director Nabil Mustafizur Rahman, Deputy Managing Director N Mustafa Tarek, Deputy Managing Director and Company Secretary ATM Tahmiduzzaman FCS, Khagrachhari Fruit Owners Association President Divakar Chakma and other senior officials of United Commercial Bank.

United Commercial Bank PLC, founded in 1983, is one of the leading private commercial banks in the country. The Bank has an extensive branch network across the country.

×